E-invoicing and end-to-end e-procurement for public contracts (Directive)
The Commission intends all phases of the public procurement process to take place electronically from end to end and software systems for this to be compatible EU-wide. A binding European standard is to be developed for electronic invoicing, in particular.
European standards for end-to-end e-procurement software make it easier for suppliers from other EU countries to take part in the public procurement process in a Member State; this may result in better and more cost-effective offers for purchasers. A European standard for an e-invoice prevents foreign suppliers from incurring higher costs than domestic suppliers. The recommendation of the Commission that purchasers should accept only e-invoices, will hasten the distribution of e-invoices both here and for invoicing between companies in the private sector. This may save costs for all those involved.