Italy, Spain, Portugal, Austria, Turkey… e-Invoicing saw widespread growth in several European states throughout 2015 and the trend is set to continue in 2016. Switzerland is one of the countries taking part in this technological revolution in the B2G area. As of next January, the Public administration and its suppliers must use this mandatory system for contracts worth 5000 Swiss francs or more.
In advance of this digital leap, EDICOM has drafted a free guide to e-billing in Switzerland. The guide includes our expert tips on how the new system works, the country’s current situation and the requirements imposed by the regulations as of January. In addition, Swiss businesses will also find all the information on the migration process to be carried out to adapt to this e-management system.
The federal government’s decision to rule out the system is designed to simplify procedures, reduce the number of errors and minimize economic costs. Bear in mind that using less paper not only contributes to protecting the environment, as it also means less expenditure on raw materials, shipping and storage.
These advantages benefit both the private and public sectors and have prompted states around the world to generalize the use of e-invoicing. In Europe, the report titled E-Invoicing / E-Billing. Entering a new era, by author Bruno Koch, forecasts that over the coming year 36 billion e-invoices will be exchanged. Half of them will be between companies and public administrations.
If you would like to know more about e-billing in Switzerland, due for rollout in January under the swissDIGIN standard, you can download the Expert Analysis here in German or English free of charge.