Dallas, TX -- (SBWIRE) -- 06/19/2014 -- SandlerResearch.org adds E-Invoicing Market in Europe 2014-2018 new industry report in its store.E-invoicing is the process of invoicing and related processes with the help of electronic channels and is also known as the solution for eliminating the paper invoicing process. E-invoicing is a part of electronic data interchange transactions that include data from the enterprise in a format that can be integrated into the client’s financial system without the involvement of a financial administrator. It offers a number of benefits to organizations including streamlining of accounting processes, reducing paper volume, offering higher receivables, helping in timely delivery of invoices and faster customer payments, reducing the number of lost invoices, and increasing visibility and control over various processes.
Analysts forecast the E-Invoicing market in Europe will grow at a CAGR of 11.78 percent over the period 2013-2018.
Covered in this Report
The E-Invoicing market in Europe can be segmented into two end-user segmentations: B2B and B2C. To calculate the market size, the report considers revenue generated by e-invoicing service providers in Europe.
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E-Invoicing Market in Europe 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the leading countries in Europe; it also covers the E-Invoicing market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
- Esker SA
- SAP AG
- Tieto Oyi
Other Prominent Vendors
- Fundtech FSC Ltd.
- IBM Corp.
- Itella Corp.
- GXS Corp.
- SwissPost Solutions
- TradeShift Inc.
Key Market Driver
- Reduction in Cost and Improved Customer Relations.
Key Market Challenge
- Data Security Concerns.
Key Market Trend
- Increasing Demand from the Public Sector.
Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?