The British magazine Financial-I has recognised TietoEnator, together with Nordea Bank, as the most innovative electronic invoicing provider.
/>By combining TietoEnator's net invoicing and message conversion capability with Nordea's e-invoicing and banking services, the formatting problems and data processing incompatibilities that have hindered widespread uptake of online invoicing have been overcome.
/>With its Leaders in Innovation Award, the magazine acknowledges companies that demonstrate an ongoing commitment to product innovation. Innovation leaders are identified across more than 50 categories and researched by a team of journalists, working together with leading consultants and analysts.
/>Mats Wikström, Director and responsible for international markets at TE Digital Innovations, said that E-invoicing now starts to pay back after several years of investments.
/>"Interest in e-invoicing is increasing rapidly outside the traditionally strong Nordic region and starting to attract a wider range of customers. In order to achieve market penetration by reaching private and corporate customers, cooperation with banks is vital. We expect the growth to continue and accelerate during the coming years as the added value from e-invoicing becomes more apparent and the amount of users increases", Wikström said.
/>The European market has an annual volume of about 28 billion invoices. In 2006, market penetration in Europe was approximately 2%, with an annual growth rate of 60-100%.
Based on volume and market share, TietoEnator is a market-leading provider in the Nordic region and Germany, as well as one of the leading providers in Europe. The company offers one-stop-shopping capability for e-invoicing and e-payment services. The aim is to support the digitization of the financial value chain by providing state of art e-services for the international market.
/>TietoEnator's Digital Innovations has more than 150 e-invoicing services specialists in Sweden, Finland, Germany and the Czech Republic providing services for an international market.
/>By combining TietoEnator's net invoicing and message conversion capability with Nordea's e-invoicing and banking services, the formatting problems and data processing incompatibilities that have hindered widespread uptake of online invoicing have been overcome.
/>With its Leaders in Innovation Award, the magazine acknowledges companies that demonstrate an ongoing commitment to product innovation. Innovation leaders are identified across more than 50 categories and researched by a team of journalists, working together with leading consultants and analysts.
/>Mats Wikström, Director and responsible for international markets at TE Digital Innovations, said that E-invoicing now starts to pay back after several years of investments.
/>"Interest in e-invoicing is increasing rapidly outside the traditionally strong Nordic region and starting to attract a wider range of customers. In order to achieve market penetration by reaching private and corporate customers, cooperation with banks is vital. We expect the growth to continue and accelerate during the coming years as the added value from e-invoicing becomes more apparent and the amount of users increases", Wikström said.
/>The European market has an annual volume of about 28 billion invoices. In 2006, market penetration in Europe was approximately 2%, with an annual growth rate of 60-100%.
Based on volume and market share, TietoEnator is a market-leading provider in the Nordic region and Germany, as well as one of the leading providers in Europe. The company offers one-stop-shopping capability for e-invoicing and e-payment services. The aim is to support the digitization of the financial value chain by providing state of art e-services for the international market.
/>TietoEnator's Digital Innovations has more than 150 e-invoicing services specialists in Sweden, Finland, Germany and the Czech Republic providing services for an international market.
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