Financial administration automation and electronic invoices

Verkkolaskutus, kuvitus, automaatio

Finnish government agencies employ an electronic financial administration and purchase invoice processing system. Electronic financial administration yields its greatest benefits when electronic invoices are used, reduces the number of mistakes, introduces process savings and enhances the efficiency of invoice processing. Electronic invoices enable such things as process automation in purchase invoice processing and payment. The processing costs for one electronic invoice are one-third of the cost for a paper invoice.

The Government Programme of the Finnish Government requires organisations to switch to electronic invoices. Achieving the targets set in the Government Programme requires electronic invoicing, which makes it possible to automate the handling of expenditures through the entire handling process. This will have a significant effect on increasing cost efficiency in central government's financial administration and on reaching the savings targets. Sufficient information content is required in electronic invoices, and the information content of electronic invoices also makes it possible to carry out the automation process. The Finnish Government’s objective is for 62% of purchase invoices to be handled completely automatically in 2018, with this figure rising to 90% from 2019 onwards.

The Finnish Government aims to receive 95 % of all invoices as electronic invoices by 2018. Invoices sent as pdf documents attached to an email are not e-invoices. Central government will not accept invoices via e-mail. During 2012–2020, OpusCapita will act as central government's electronic invoicing service provider. Central government will not sign contracts on receiving e-invoices with any other service provider.

Published 2018-06-07 at  23:53 , updated 2018-06-08 at  14:40

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