The business and economic benefits of e-invoicing

Executive Summary

Electronic Invoicing (e-invoicing) is rapidly growing in prevalence and impact due to the
improvements it drives in the invoicing process. Integrating technology, automation and
structure into invoicing can potentially deliver benefits such as enhanced productivity, speed
of payment, tax compliance and fraud security. This report, produced by Cebr for Avalara,
presents the outputs of comprehensive research and analysis to test this hypothesis and
assess said benefits. Our research had two main elements to its approach:

• Primary data collection through a survey of 1,720 businesses across 6 major global markets (United States of America, United Kingdom, Germany, France, India and Australia); exclusively targeting B2B companies with at least 10 employees;

• Detailed modelling and analysis undertaken discretely in each market to quantify the impacts of e-invoicing at an individual invoice, per-business and ultimately economywide level, with all monetary figures converted and presented consistently in USD ($).