EESPA Reports 29% Growth in Processed eInvoices in 2016
Thursday, September 28, 2017
1 615 million electronic invoices were processed and delivered in 2016 by members of the European E-Invoicing Service Providers Association (EESPA).
This represented a significant growth of 29 per cent over 2015 volumes of 1 252 million. EESPA commissioned this fourth 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 majority of invoices processed were B2B or B2G (Business-to-Business or Business-to-Government) invoices (1035 million invoices in total in 2016), although the EESPA membership also has a significant involvement in the delivery of B2C (Business-to-Consumer) invoices (580 million invoices in total in 2016).
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