Pagero and Omniva sign strategic partnership

Wednesday 14 September 2016 15:01 CET | News

Pagero and Omniva have joined forces on a strategic level in the Baltic countries, in order to provide an extensive business network with international reach including Estonia, Latvia and Lithuania. 

The agreement is fully in line with Pagero’s ongoing expansion on a Pan-European level.

Part of the agreement regulates traditional interoperability, which means that suppliers and buyers on both ends can connect instantly.

The Baltic market processes around 240 million invoices per year and the use of e-invoices is still in an early stage. Estonia is the smallest country geographically but takes the lead when it comes to e-invoicing initiatives. E-invoicing is common practice for B2C, but only 10% of the B2B invoices are electronic.

More than that, the Estonian public sector will introduce mandatory e-invoicing from January 1st, 2017. In Latvia and Lithuania, the handling of paper invoices is predominating.

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Keywords: Pagero, Omniva, strategic, partnership, Baltic countries, Estonia, e-invoices, B2B, public sector
Categories: Banking & Fintech | E-invoicing, SCF & E-procurement
Countries: World
This article is part of category

Banking & Fintech