eInvoicing workshop held as part of the countries’ digital transformation conference in Paris
France and Germany are to encourage companies to use eInvoicing an the two countries will continue to work together on the development of common technical standards to facilitate this, according to a joint statement made at the “Accelerate the digital transformation of our economies” conference in Paris on 27 October.
Electronic invoicing lowers the cost of a transaction, and electronic exchanges improve companies’ competitiveness, Germany’s Federal Ministry of Economy and Energy and France’s Ministry of Economy, Industry and Digital Affairs said in the statement. The statement introduced plans for the development of the digital single market in Europe and the strengthening of an internationally competitive European digital economy.
A workshop on eInvoicing was one of seven that took place at the “Accelerate the digital transformation of our economies” conference. At these workshops, the participants discussed the economic potential of data, joint R&D and open innovation, and venture capital investment for small and medium-sized enterprises.
Digital Single Market
The conference in Paris was attended by 400 representatives of start-ups, international companies and public institutions, according to the BMI. By cooperating in the digitisation of the economy, the two ministries want to encourage digital transformation and innovation, for example in the field of cloud computing and Big Data, the BMI said.