European companies streamline AR/AP processes
E-Invoicing supporting financial process automationIn recent years, organizations worldwide have acknowledged the opportunities brought by e-invoicing: facilitated trade relationships and contribution to the general welfare of business, regardless of industry. The 2013 Billentis report, sponsored by Itella Information, estimates a 20% growth rate in the annual volume of e-invoices worldwide. In Europe, further growth is expected in the following five years as a result of the EU’s digital agenda and the increasing level of e-procurement usage in the public sector, for instance with PEPPOL-