French administration to roll out e- invoicing by 2020
E-billing will be mandatory for the French public sector and all providers of public services by 2020. However, the changeover to this system will take place progressively, starting in 2017. France is the latest country to follow the European trend towards a paperless Administration, which prompted other states such as Italy, Spain and Portugal to undertake similar measures.
Large companies and public sector suppliers will be the first to roll out electronic invoicing. According to the calendar set out in the Decree issued on 27 June, they must adapt to the new system by 1 January 2017. For the remaining suppliers and service providers, the deadlines will be as follows:
January 1, 2018: medium-sized businesses
January 1, 2019: SMEs
January 1, 2020: microbusinesses
Once migration is complete, it is estimated that some 95 million electronic invoices will be processed. With these figures, the annual savings could reach up to 710 million euros (121 direct economic benefit) in the French State. For businesses, electronic invoicing will also be a source of savings that could reach €335 million per year. Automating this procedure and sending electronically quickly results in a reduction in costs.
Nowadays, the growing momentum of electronic invoicing in the B2G area is a reality worldwide. The European Union has already taken steps to encourage technological modernization of administrations. To this end, some Member States such as Italy, Portugal or Spain, are currently immersed in the rollout of this new system. In other European countries, the process has been mandatory for years. One example is Denmark, which saves €30 million euros annually since starting up e-billing in 2005.
Public Administration invoicing solution
The EDICOM e-invoicing platform is fully adapted to the regulations imposed by the French Civil Service. This solution can generate, send and store these documents swiftly, easily and in maximum security. It is also operational in other countries like Spain, Italy and Portugal, where the rollout of electronic invoicing in the B2G field is imminent.