Or at least that is what the Association of Chartered Certified Accountants (ACCA) said when they released a new report called A digital agenda for European SMEs .
The lack of on what points of e-invoicing the SME’s are missing out, is remedied by some nice insights of how SME’s from different countries perceive different barriers to e-invoicing
SME adoption of electronic invoicing in Europe
Let’s take a look at the adoption of electronic invoicing by SME’s in Europe, according to ACCA. The figure underneath shows how SME’s look at electronic invoicing. It becomes clear that:
- they are lacking awareness
- there is no need as customers don’t require e-invoicing
- it is perceived to be too complex
- e-invoicing is not cost effective enough
Interestingly enough there were differences between several groups of countries, loosely divided into Eastern Europe (including Hungary, Poland, Russia and the Ukraine), the UK+Ireland, and ‘other’ countries. And then you get something like this:
Comments are closed.