European e-invoicing service providers report a significant growth of 27% and over 1.25 billion processed e-invoices in 2015

12 September 2016

Text: 

Brussels, Belgium, 12 September 2016 – 1 252 million electronic invoices were processed and delivered in 2015 by members of the European E-Invoicing Service Providers Association (EESPA), based on a set of survey results completed in July 2016. This represented a significant growth of 27 per cent over 2014 volumes of 985 million.

EESPA commissioned this third annual survey among its members as part of a continuing commitment to supporting the rapid market growth of e-invoicing and to play its part in monitoring take-up. The survey was carried out through a trusted third party on the basis of actual transaction volumes, collected on a confidential basis from individual EESPA members for the calendar year 2015.

The majority of invoices processed were B2B or B2G (Business-to-Business or Business-to-Government) invoices (766 million invoices in total in 2015), although the EESPA membership also has a significant involvement in the delivery of B2C (Business-to-Consumer) invoices (485 million invoices in total in 2015).

 B2B and B2G

2013

2014

2015

Increase

Direct – Electronic invoices delivered to customers

463,512,001

495,670,263

622,176,197

25.52%

Indirect – Electronic invoices delivered to other service providers destined for their customers

139,513,992

125,623,446

144,722,343

15.20%

Total

603,025,993

621,293,709

766,898,540

23.44%

B2C

Direct – Electronic invoices delivered to customers

174,493,368

238,589,671

274,238,390

14.94%

Indirect – Electronic invoices delivered to other service providers destined for their customers

63,216,762

126,002,783

211,142,429

67.57%

Total

237,710,130

364,592,454

485,380,819

33.13%

Grand total

840,736,123

985,886,163

1,252,279,359

27.02%

In 2015 the figures reveal an important growth in B2B and B2G transactions over the previous year, and the same for the B2C sector. Given that we stand on the threshold of the move to e-invoicing by EU public administrations based on the provisions of Directive 2014/55/EU, the future should bring accelerating volumes based on the critical mass that is already evident in these numbers.

EESPA service providers are making a very significant contribution to the adoption of electronic invoicing across Europe and globally. Service provider networks and services to buyers and suppliers contribute a growing and sizeable element of total electronic invoice volume and these services are more often than not preferred to direct connections between suppliers and buyers, which can be cumbersome to manage and do not take advantage of ‘network’ effects.

EESPA Chair Esa Tihilä comments: “We encourage all our members to participate in this survey, now completed for the third year running, in order to follow the trends in e-invoicing and to give a valuable industry point of view on how the adoption of e-invoicing is growing. EESPA members are committed to supporting the constantly growing number of adopters in both private and public sector in realising the significant efficiency gains and cost savings available through e-invoicing and simplified and paperless ways of doing business. A substantial proportion of EESPA members participated the survey which shows that the e-invoicing service provider community continues to make a strong contribution to the overall growth and development of e-invoicing.”

EESPA was formed in 2011 as an international not-for-profit association. It acts as a trade association at a European level for a large and dynamic community of e-invoicing service providers, drawn from organisations that provide network, business outsourcing, financial, technology, and EDI (electronic data interchange) services. It focuses on public policy and compliance issues, the creation of an interoperable eco-system and championing the widespread adoption of e-invoicing for the benefit of economic efficiency and growth.

More information:
European E-Invoicing Service Providers Association (EESPA): www.eespa.eu

Basware contact:
Sirje Ahvenlampi-Hyvönen
Communications Director, Basware
sirje.ahvenlampi@basware.com, tel. +358 50 557 3822

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