Electronic Invoicing Adoption within the European Union
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Electronic Invoicing Adoption within the European Union Josef Horák 1
& Jiřina
Bokšová 1 & Jiří Strouhal 1
# International Atlantic Economic Society 2020
JEL Classification M00 . M13 In today’s global digital economic environment, there is a considerable demand for fast and effective transmission of data and information. Electronic invoicing (e-Invoicing) is a new form of electronic billing meant to replace obsolete paper documents. This process increases the transparency of business transactions and bridges accounting systems between suppliers and customers in real-time. It is predicted that e-Invoicing benefits include better collection of receivables, reduction in printing and postage costs, and cheaper and faster processing of invoice payments. Thus, as a result, external auditors and state authorities will have better instruments for tracking all issued and received invoices, for tracking paid and received cashless payments, and for collecting direct and indirect taxes more efficiently. This paper adds new information to the literature (Bobowski et al., Eurasian Economic Perspectives, 2018; Tanner and Richter, Business Information Systems and Technology 4.0, 2018) about e-Invoicing approaches to public procurement in the European Union (EU), mainly the analyses of the adoption process of e-Invoicing within individual EU member states, especially from the perspective of business-to-government (B2G) contracts. The process of adopting eInvoicing is based on Directive 2014/55/EU (https://eur-lex.europa.eu/legalcontent/en/TXT/?uri=CELEX%3A32014L0055) on e-Invoicing in public procurement with the ultimate aim of reducing obstacles in cross-border procurement activities, guaranteeing an interoperable standard for e-Invoicing in public procurement within the EU, and ensuring more transparent business transactions between companies. The main goal of the paper is to determine which EU member states have complied with this directive and subsequently compare the e-Invoicing rules valid in all EU member states. The research is based on a comparative analysis of the e-Invoicing data transfer method
* Josef Horák [email protected]
1
Škoda Auto University, Na Karmeli 1457, 293 01 Mladá Boleslav, Czech Republic
Horák J. et al.
between supplier and customer (a state institution) from the perspective of B2G. Country factsheets (https://ec.europa.eu/cefdigital/wiki/display/CEFDIGITAL/ eInvoicing+in+each+Member+State) published by the European Commission were analyzed. This data transfer can only be ensured via a state institution or arranged by external government-selected provider(s). Therefore, the research team strived to answer the following research questions. Which EU member states or European Economic Area (EEA) countries have B2G e-Invoicing regulations? Is it mandatory to use B2G e-Invoicing during the procurement process or is B2G e-Invoicing merely a voluntary decision made by either a company or state institution in the selected country? What platform is used during e-Invoicing data transfer? Is the platfo
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