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European Commission plans company e-invoicing proposals to cut carbon footprints

The European Commission (EC) is reportedly planning proposals...

The European Commission (EC) is reportedly planning proposals designed to make it easier for firms to ditch paper-based invoices in favour of greener e-invoicing systems.

The proposals are expected to be tabled later this year, when they will be considered by member states.

As well as saving firms money on paper, printing and delivery costs, widespread e-invoicing would contribute to reducing the European member states' carbon footprints.

The wider adoption of e-invoicing has been hampered by different compliance, tax and payment rules in member states though.

The European Commission has now set up a special advisory group to consider how such barriers to e-invoicing can be lifted.

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