An analysis of the tradeinterop transaction network shows that the use of Peppol for sending and receiving e-invoices is increasing significantly. At the beginning of 2018, most e-invoices were exchanged via email. In the second half of that year, Peppol’s rise began. The increase continued and now more than half of the e-invoices on the tradeinterop platform are exchanged via Peppol.
One of the reasons for the increase in Peppol invoices is that the central government has made e-invoicing mandatory. For all contracts signed after January 2017, suppliers are obliged to send e-invoices. The government is enforcing the delivery of e-invoices more and more strictly. As a result, organisations deliver e-invoices more often via the secure Peppol network.
Further increase in number of Peppol invoices expected
Our expectation is that the trend we are now seeing will continue. With the economic downturn, it is even more important for organisations that invoices are paid quickly. E-invoicing contributes to fast processing of the invoice at the recipient, which makes it easier to pay invoices on time.
Precisely because receiving e-invoices saves a lot of time and prevents errors, the number of organisations switching to receiving e-invoices is expected to increase further. Although there are several channels for exchanging e-invoices, Peppol has the advantage that it is secure and uses a standard format.
In addition to e-invoices, Peppol also enables the exchange of other electronic business documents, such as orders and packaging slips. It is expected that this will also contribute to a further increase in the number of transactions on the Peppol network.