From January 1, 2025, e-invoicing will be mandatory for all companies in Germany. For many companies, this means a change that will require both technical and organizational adjustments. But what exactly is behind the e-invoicing requirement, what advantages does it offer, and how can companies efficiently implement the new requirements? In this article, you will learn what the e-invoicing requirement is all about and how we can support you in this process.
What is an e-invoice?
An electronic invoice (e-invoice) is a digital invoice that is created and transmitted in a structured, electronic format, for example as an XML file in ZUGFeRD or XRechnung format. This facilitates machine processing and offers a significant difference to traditional invoices in PDF format.
Key facts about mandatory e-billing
From January 1, 2025, all companies in Germany will be required to create and transmit e-invoices when doing business with public sector clients (B2G) or in the entire B2B sector. Here is an overview of the most important information:
- Scope: Mandatory for B2B and B2G transactions in Germany.
- Formats: The standardized formats ZUGFeRD and XRechnung are accepted.
- Objective: Reduction of paper consumption, faster processing, and greater efficiency in invoicing.
Benefits of e-billing
Switching to e-billing brings numerous advantages. Not only does it enable companies to meet legal requirements, it also allows them to optimize many processes:
- Cost reduction: Costs are reduced by cutting down on paper usage and eliminating postal delivery.
- Efficiency: Digital transmission and automated processing of invoices saves time and minimizes errors.
- Faster payments: Electronic invoices are processed more quickly, resulting in shorter payment times.
Our IT experts are on hand to offer advice and support, guiding you on your journey to e-invoicing.
To implement the e-invoicing requirement even more efficiently, we also recommend taking a look at DocuWare, our product of choice for your digital document management. It simplifies the management and storage of your digital invoices and ensures that all relevant information is accessible anytime, anywhere.
Interested?
Contact us so we can work together to find the best solution for your company.
