After this date, all invoices are required to be submitted and transmitted electronically through a general entry point which has been designed to record copies and details of all data such as the dates of submission. This will ensure that in the event of issues such as late-payment by public sector entities, corresponding interests will still be paid.
The initiative is set to streamline the invoicing process and secure savings of around EUR 3.48 per invoice issued, with invoice processing times estimated to be cut down by up to 80% and annual savings to reach around EUR 52.5 million.
The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.
The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.
Current themes
No part of this site can be reproduced without explicit permission of The Paypers (v2.7).
Privacy Policy / Cookie Statement
Copyright