The PayStream Advisors recently released report, eInvoicing Expansion Across Companies of All Sizes, discusses the current state of electronic invoicing, projected changes in the invoicing landscape, and various barriers to adoption.
Some of the interesting topics in the report include:
- Companies save 50% of labor, material and postage costs by switching to eInvoicing
- In the past three years, eInvoice adoption rose by 25%, and eInvoicing in Small and Medium Enterprises increased 19%
- Over 53% of companies are looking to implement eInvoicing in 2014