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Insights to a paperless future

Insights to a paperless future

This year, the 2015 Billentis report is a 150 page + tome of facts and figures. It’s also the bible in terms of the developments and trends in the eInvoicing and eBilling world in lieu of anything else. What’s changed in the last year that brings with it the hint of a ‘quantum leap’?

The buzzwords for 2015 are ‘Zero-touch’ and ‘Tax Compliance’, with each of these having vastly different constituent bases and drivers. ‘Big data’ and ‘Bad Data’ are discussed, but the clear winner is the emergence of data enhanced PDF documents emailed to customers as the defacto standard for 99% of billers.

“It is expected that the 2015 volume of eBills/eInvoices will achieve around 42+ billion worldwide with annual growth rates of 10-20%”

Billentis Global Bill and invoice volume

As Striata is a sponsor of the 2015 Billentis report, we would like to offer you a complimentary copy:

Big Bad Data

Europe is striving for efficiency in both home markets and cross borders. As eInvoicing grows, it is exposing an alarming deficiency in the quality of the input billing data. One of the primary goals of eInvoicing is to automate the process for ‘zero-touch’ throughput, however this relies on accurate and matching data. The experiences gained over the past year indicate that the eInvoicing ecosystem will need a fundamental data quality improvement before the full benefits are realised.

The next frontier for the entire ecosystem is “Invoice-like documents and messages,” including overdue notifications, payslips, receipts and till slips. It is estimated that these volumes are 5-15 times the invoice volume. This could be an enormous driver in the growth of paperless processes.

Compliance prompts a trend toward ‘Push’

Tax compliance with special focus on VAT reclaim documents (mostly in Europe) is a growing trend in the market. Government’s fiscal departments are mandating the use of electronic invoicing as a way of gathering the data about taxable receipts in real-time, this in conjunction with the supply of goods and services. These can then be compared at a later stage with the actual declarations and taxes paid.  Latin America leads the way in this regard, with most countries requiring the registration of an invoice in a national database. Last year, approximately 5 billion invoices were electronically exchanged in Mexico.

In Europe, the Nordic countries have traditionally led the way – but with new EU directives in place all European Public Administration entities will be obliged to support a certain eInvoicing standard for the automated exchange of electronic invoices.

Conclusions for the European Market include:

  • Exchange via email is now more popular than EDI
  • Emails are preferred by SMEs and also accepted by larger companies

In this regard, PDF (including those enhanced with XML data) now accounts for 3/4 of all electronic invoices in Europe. The ‘PUSH’ methodology is now the most popular process.

Propotion Of Various Invoice Format Billentis Report

eInvoicing goes ‘Mobile’

For the first time ‘Mobile’ has attention. The eInvoicing requirements do not lend themselves to an ‘app’, however we can see value in updates and notifications being sent via mobile channels for B2B and payments and reminders for B2C.

As the momentum grows, an increasing number of SMEs are being pressured to send their invoices electronically. They are looking for SaaS solutions that work ‘out-the-box’ without too much integration effort and little cost.

Big data continues to prove its worth

The value of invoice data in an increasingly ‘Big Data’ world is also a key finding in this year’s report. The insights into customer payment behaviour and the use of predictive analytics are becoming an opportunity in the process for large billers. On the compliance side, the use of ‘Big Data’ techniques in relation to the invoicing patterns in country-wide revenue collections is interesting to tax authorities.

How are businesses progressing on the switch to digital?

The report outlines a clear reason why many eInvoicing and eBilling projects are unsuccessful.  The scope and significance of the project, with all the elements of the business that it touches, is underestimated at the start.

When undertaking a project of this nature you need senior executive sponsorship, the highest priority in the tech resource queue and a comprehensive communication plan for all stakeholders – internal and external.

Saving Potential For Invoice Billers


Once again Bruno Koch has produced a fine report. It is clear that eInvoicing and eBilling are gathering momentum around the world. The ‘fat tail’ of SME billing was always going to be the bulk of the volume when it moved across. PDF documents with embedded data looks like the clear winner in terms of meeting this requirement.

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Michael Wright

Michael Wright

Co-Founder and Non-executive Director

Michael studied finance and accounting, graduating with B.Com (Hons) and becoming a Chartered Accountant (CA SA). He articled at PWC and rose to Principal Manager for Consulting & Assurance Services. He joined VWV Interactive as managing director, a web design and e-commerce agency, before following his entrepreneurial instincts.

He founded Striata in 1999 with the vision of providing digital communication services to corporate South Africa. Two decades on, Striata is an award-winning “visionary” in the CCM market and provides digital communication strategy, services and software to financial services, utilities, insurance, retail and telecommunications companies across 6 continents. Striata was acquired by Doxim in 2020.

Read more of Michael's guest blog posts here or connect with him on the following social channels: