European e-invoicing grows 27% with 1 ¼ billion invoices in 2015.

1 252 million electronic invoices were processed and delivered in 2015 by members of the European E-Invoicing Service Providers Association (EESPA), based on a set of survey results completed in July 2016. This represented a significant growth of 27 per cent over 2014 volumes of 985 million.

EESPA commissioned this third annual survey among its members as part of a continuing commitment to supporting the rapid market growth of e-invoicing and to play its part in monitoring take-up. The survey was carried out through a trusted third party on the basis of actual transaction volumes, collected on a confidential basis from individual EESPA members for the calendar year 2015.

The majority of invoices processed were B2B or B2G (Business-to-Business or Business-to-Government) invoices (766 million invoices in total in 2015), although the EESPA membership also has a significant involvement in the delivery of B2C (Business-to-Consumer) invoices (485 million invoices in total in 2015).