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B2B e-invoicing in Europe for 2023: forecast and overview
15 February 2023

B2B e-invoicing in Europe for 2023: forecast and overview

In Europe, electronic invoicing is present in all countries and much of the success of its use is due to the regulatory impulse by the different governments to accelerate its implementation through compulsion. Such is the success of the B2G e-invoicing that the use of it is being extended to the B2B field. In this post, we will see which European countries are already adopting this new modality of invoicing between companies.

infografía

European Union introduces the mandatory electronic invoice

From 18th April, 2019, the public administrations of all EU Member States are compelled to electronically receive and process their invoices. This concerns any B2G (Business-to-Government) and G2G (Government-to-Government) trades and transactions within the European Union.

The 2014/55/EU regulation is aimed at standardise a common European e-invoicing format, so that any public or private supplier is able to work with European public administrations seamlessly. Developing cross-border trade falls under the main EU goals.

Rahandusministeerium

Estonia and electronic invoicing in public procurement

Estonia, like many other European countries, has decided to implement mandatory eInvoicing for the country’s public procurement. This decision is included in the modification of the Accounting Act that was published on 27 December 2016, which established that all contracting authorities (central, regional and local) must accept and process machine-processable invoices as of 1 March 2017.

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Towards a single European format: UBL

When we talk about the format for electronic invoicing, this refers to the structure of the file which supports the invoice itself and its legal content. In the case of Spain, the Tax Agency has established XML, which is used in the Facturae structure, previously known as AEAT-CCI, as the official format.

Ministerio Federal de Finanzas austriaco

Electronic invoicing in Austria

As in many other countries in Europe, Austria has been promoting B2G eInvoicing for several years. Electronic invoicing was regulated as far back as 2012, when the Austrian Bundesministerium Finanzen published its Austrian ICT Consolidation Act (ICTKonG). Section 5 of that Act established the requirement to use electronic invoicing in the country’s public procurement: a fact which included the national and international suppliers working with the country's federal authorities.

Facturae

The drive for eInvoicing in Spain

With the aim of achieving uniformity in the services provided to the public and improving their efficiency and effectiveness, the Spanish government decided to promote the use of eInvoicing in the country using a model which pushed all of the public administrations towards the digital transformation.

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Key numbers

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+30 years

of experience
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+750 MM

€/year managed
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3 Millions

active users
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+1.000 M

documents/year exchanged
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+200.000

connected companies
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113

countries with exchange

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