Estonian Post subsidiary eInvoicing Centre (eArvekeskus), which has been operating for three years, has shown an eightfold growth in volume over the past year. More than 1,200 corporate customers and local governments have already signed up with eInvoicing Centre.
“The traditional transmission of an invoice by mail has reduced significantly in recent years. One of the recent independent studies conducted in Europe shows that in 2011 five million businesses sent electronic invoices to 75 million recipients in Europe. The study points out that in 2012 the estimated percentage of e-bills is about 30 percent of total number of all bills,” said Mait Sooaru, member of the board of Estonian Post.
“The development of logistics and mail-related e-services in coming years will be very fast and new ways will help to save up to 80 percent of the cost of processing paper invoices,” Sooaru commented.
Estonian public sector considers Estonian Post new e-solutions as very forward looking. Head of eInvoicing Centre Margus Tammeraja said that the compatibility of the e-invoicing solution with commonly used internet-based business software programs makes the changeover quick and convenient: “The Estonian Post e-Invoicing Centre solution is used by more than 80 public service agencies and a number of local authorities. This means that the e-billing solution for receiving and digitising of invoices is now used in a third of all Estonian government agencies.”
In the above-mentioned study Estonia shares the market-leading position with Denmark in the B2B and B2C sectors. “This year growth is expected to come more from the private sector. Our mission is to multiply the number of e-billing customers and to take Estonia to the leading position,” said Tammeraja.
The introduction of e-billing takes a few changes in the work processes, but will give time and cost savings in routine data entry proceedings and those connected to paper invoices. eInvoicing Centre enables the sending of invoices according to the standards of the Estonian Banking Association to nearly 1,000 private sector and over 500 public sector companies.
The European survey shows that in 2011 three billion e-invoices were sent in Europe, and that an annual growth of 30 percent is estimated for the coming years.
A number of big operators are investing in the healthcare sector, but is it worth it? Saul Wordsworth considers two very different examples Click here to read more
How can we best embed innovation within postal industry strategy, and what are some of the key challenges facing posts that want to innovate? Dr Kristian J Sund has some answers Click here to read more
With the right research and development, 3D printing has the ability to revolutionise the global logistics industry. How can posts prepare for this remarkable new technology? Paul Willis finds out Click here to read more
Click here for listings and information on leading suppliers covering all aspects of the postal technology industry. Want to see your company included? Contact firstname.lastname@example.org for more details.
Submit your industry opinion
Do you have an opinion you'd like to share with the postal technology community? We'd like to hear your views and opinions on the leading issues shaping the industry. Share your comments by sending up to 500 words to email@example.com
Submit Your Recruitment Ad
To send us your recruitment advertising or to receive information on placing a banner please email firstname.lastname@example.org