SECTORAL POLICIES / Internal market

Electronic invoicing in EU, a new report details progress made by businesses under directive

Brussels, 19/02/2024 (Agence Europe)

The European Commission published, on Monday 19 February, a report assessing the impact of Directive 2014/55/EU on electronic invoicing. According to the report’s conclusions, the introduction of this system has “simplified cross-border invoicing procedures, promoted efficiency and reduced costs in the EU and beyond”.

All EU Member States now accept electronic invoices conforming to this new standard for public procurement. The published report also notes that the impact of the...