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Local authorities open up to embracing e-invoicing - survey

Wednesday 11 November 2015 00:55 CET | News

A recent report shows 39% of local authorities are willing to invest in e-invoicing in the next 12 months.

According to a survey carried out on behalf of Basware UK, the LGA, Department of Business Innovation and Skills, and the UK National e-invoicing Forum, 74% of public sector professionals believe e-invoicing increases the number of payments made on time.

The survey also revealed that 61 % of public sector workers think e-invoicing increases visibility of the workflow process and 44% believe it will improve supplier relationships.

In addition to these, the report has discovered that the most common method of invoicing is PDF email, used by 63 % of local authorities.

Still, in spite of the willingness expressed, 40% of organisations surveyed stated that lack of resources prevented them from adopting the e-invoicing system.


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Keywords: Basware, payments , e-invoicing, workflow, suppliers
Categories: Banking & Fintech
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Countries: World
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Banking & Fintech






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