Estonian Post E-invoicing Centre continues to grow

June 9, 2011  |  Electronic Invoicing

Number of users of Estonian Post e-Invoicing Centre platform is increasing steadily, during over two years of operation e-invoicing services are offered to hundreds of businesses and public sector agencies.

„Success of e-invoicing is speed and simplicity, in terms of both the transition to the new system and its use,” said Head of Estonian Post Information Logistics Division Toomas Türk. “Mail and logistics related e-services development will surely be more interesting in coming years; new opportunities help companies to focus more on their core business.”

E-invoicing electronic processing solution as well as receiving and digitalization of invoices presented in the old format are now used in dozens of state agencies, which are affiliated to the e-invoicing project of Ministry of Finance. E-Invoicing Centre customers include in addition to private companies also local authorities such as Kuressaare, Saue and Jõgeva and several rural municipality governments. From larger enterprises is worth mentioning Electric Railways, Veho Estonia, and starting from 1st of July also Estonian energy company Eesti Energia.

The benefit comes primarily from the paper-free approval round, and entering invoices to accounting system without any handwork. “For business, transition to e-invoicing is a small but important change, which leads to reduction in handwork, data quality improvement, paperless approval round and electronic archives,” said Manager of E-invoicing Centre Margus Tammeraja. „Progress is the same as with the transition to internet banking - a few joined in the first years, but now online banking is in use as a standard in each company.”

Massive transition to e-invoicing will be ensured by the operators - provision of the additional services plays an important role - solution for electronic approval of purchase invoices that automates the processes both in medium as well as in larger organizations.
Digitalising service is also linked to E-Invoicing Centre, which allows receiving invoices in traditional paper format, or PDF invoices as e-invoices. E-Invoicing centre platform allows connection to widely used business software programs and makes the implementation of the solution quick and guarantees user comfort.

E-Invoicing Centre solution enables sending invoices complying with Estonian Banking Association standard for up to 1000 private companies and more than 500 public sector agencies.

Source: Estonian Post



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