In 2007 Nordea Bank, a Swedish based banker, launched its e-invoicing solution in Finland. The business case for adoption was relatively straightforward: Processing an electronic invoice cost about euro 0.400 - whilst it cost euro 1.40 for a paper invoice. The system was designed to avoid any hardware or upfront investment problems by allowing customers to use an e-invoicing template within their existing Internet banking applications to transmit invoices electronically. And buyers within the No...

BPIR Categories

7.1.1 Develop, deliver, & maintain customer billing
7.1.2 Invoice the customer

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