Just 16% of businesses state that e-invoices account for the majority of received invoices today. This means, of course, that the vast majority are losing out on potential savings by continuing to rely on rudimentary, paper-based processes and ways of working. This reality creates a huge opportunity for companies adopting more sophisticated e-invoicing.
Of companies using e-invoicing, 61% report lower cost per invoice, 46% report higher quality and accuracy, and 45% report fewer errors.
Read more in this infographic which describes the path to a 5.5 billion euro bottom line opportunity.
You can also view a US dollar version of this infographic.