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3.8/5 | 49 votes

‘Italy’s use of eInvoicing has saved EUR 1 billion’

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5/5 | 1 votes |

Public administrations have handled over 55 million electronic invoices since June 2014 - when eInvoicing became mandatory, announced AGID, the country’s Agency for the Digitalisation of the Public Sector. The handling costs of electronic invoices are some EUR 17 lower, translating to a total saving of close to EUR 1 billion, the agency says.

AGID says that local public administrations benefit the most from the switch to FatturaPA, as they handle about 41% of all electronic invoices.Payment receivedIn Italy, eInvoicing is more common than in the rest of Europe, AGID writes. According to the Digital Economy and Society Index (DESI) 2017, published in March, 30% of Italian companies now send invoices electronically to public administrations, whereas the EU average is 18%.

Electronic invoicing is one of the key projects in Italy’s Digital Agenda, AGID adds. Since the beginning of this year, the FatturaPA system can be used for free by companies and citizens to send invoices.

More information:

Anouncement by AGID (in Italian)
ePractice news item

Information

Geographic coverage:
Italy
Themes:
eGovernment