Slow e-invoicing adoption is down to
corporates’ reluctance to change their payment behaviour and is not
the fault of the technology available in the market.

Rolant Prins, CCO of Dutch-based e-commerce
solutions provider Adyen made the claim to Electronic Payments
International
arguing e-invoicing is something both the
payments industry and corporates have been talking about for over
ten years yet the momentum to adoption is still evidently painfully
slow to build.

“We know e-invoicing is something that will
happen in a big way in the future but we have not thrown all our
weight behind building an e-invoicing solution as we know adoption
rates are very slow,” said Prins.

He adds corporates underestimate a consumer’s
willingness to pay for goods and services via e-invoicing and
claims they are more ready to adopt the payment method than some
organisation think.

“It is a no-brainer for consumers,” says Prins.

Adyen launched its e-invoicing solution in
November 2010 and is currently running pilots with mobile network
operator Vodafone and postal delivery service Dutch Post.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Prins claims all is not lost, however, and
thanks in part to such pilots, there is movement towards
e-invoicing – something he says will accelerate in 2012.