Thursday, February 9th, 2012
Today's weather     
Finnish outsourcer has high hopes for e-invoicing in Poland

15th February 2010
Bookmark and Share


Mr Savolainen wants to kick-start e-invoicing in Poland
Courtesy of Itela Information

Itella Information, a Finnish invoicing services outsourcing firm, has announced that it will be launching e-invoicing services in Poland. The company expects the technology to take off in the near future.

“E-invoicing will soon become a hot topic in Poland. Now we have new legislation in force, but still many lawyers and entrepreneurs are not very clear how it will work in practice and how much it will cost companies,” said Miikka Savolainen, managing director of Itella Information in Poland.

The company has provided invoicing services for several large Polish companies, such as PGNiG and Canal+, and it hopes to take advantage of the e-invoicing experience it has gained in Scandinavia. The firm’s facility in Poland already provides e-invoicing services for other markets.

Until now, Itella has mostly performed printing and scanning services for its Polish customers. Mr Savolainen said his company could help Polish firms make a smooth transition from paper to electronic invoicing. 

“In many cases switching from paper to e-invoice is not easy. For this reason we offer both and allow for a gradual shift to e-invoicing,” he said. In Europe Itella scans about 120 million documents annually and processes about 250 million e-transactions.

According to European Association of Corporate Treasurers’ data quoted by Rzeczpospolita, a mid-size company delivering a thousand invoices a month can save as much as €150,000 (zł.601,000) a year by switching to e-invoicing.


From Warsaw Business Journal


Advertisement
Corporate Finance/M&A Corner
Financial literacy
BY Les Nemethy
Just think: If more people were financially literate, there might never have been a mortgage crisis in the US, or a Swiss ... READ MORE
Corporate Finance/M&A Corner
Yields on European government bonds
BY Les Nemethy
The chart below represents one of the most important charts for European financial markets in 2011, perhaps even for global ... READ MORE
Our partners