LATEST E-INVOICING NEWS

Two surveys summarise the market status in Spain
The National Association of Internet Companies (ANEI) recently published the results of their E-Invoicing survey: 75% of all Spanish companies receive invoices in a format other than paper. Of all companies issuing non paper-based invoices, 71.7% use PDFs and 15% XML files. Regarding the common channels by which companies usually send their invoices, email dominates at 78.3%, followed by paper mail (55%), message exchange systems (16.7%), presentment/download via website (6.7%) and other forms of shipping (8.3%).
Red.es, a public corporate entity attached to the Ministry of Industry, Energy and Tourism, conducts an annual survey aimed at measuring the progress of the Information Society in Spain. The survey’s 2012 edition, which looks at the market status in 2011, offers some details regarding the E-Invoicing market, although their survey focus is slightly different to the ANEI study’s and the results are therefore not directly comparable: 60.4% of companies with more than 250 employees, 53% of companies with 50-249 employees and 41.1% of companies with 10-49 employees and only 19% of micro-companies are already issuing E-Invoices. So far, 15.7% of all companies issue E-Invoices in a structured format; however, a majority of 93.8% issue E-Invoices without permitting automated processing (e.g. as images, or PDFs).

Dynamic E-Invoicing growth in Latin America
The tax authorities of Latin American countries often dictate strict as well as complicated rules and regulations for market participants to follow. Under normal circumstances, this would result in very poor acceptance and market penetration. The reality, however, is that many Latin American countries belong to the global leaders with an E-Invoicing market penetration of up to 90%. This is mainly due to the fact that their governments instruct them to use E-Invoicing.
Costa Rica will stipulate the use of electronic invoicing for certain market segments in the near future.
Guatemala is due to be the next country to follow this path: By the end of 2012, companies that issue at least one million invoices per year will be obliged to transmit them electronically. This will gradually be extended to companies issuing between 1501 and 3000 invoices per year by the end of March 2013.
The Uruguayan national tax department DGI launched a platform for electronic invoicing in 2011, with companies representing 8% of the country’s total invoice volume forming part of a pilot project. From 2013 onwards, E-Invoicing will be mandatory for larger enterprises. This plan will also lead to the first massive application of digital signatures in the country. Uruguayan stakeholders from the public and private sectors expect 70% E-Invoicing market penetration in the country by 2015. This would catapult the country into the group of global E-Invoicing leaders.

Source:
Newsletter from Bruno Koch
For related websites:
http://www.expp-summit.com/index.htm
www.billentis.com

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