E-invoicing is an important step towards paperless public administration (e-government) in Europe - one of the priorities of the Digital Agenda - and offers the potential for significant economic as well as environmental benefits. The Commission estimates that the adoption of e-invoicing in public procurement across the EU could generate savings of up to €2.3 billion.
Read more: EU: Commission proposes draft directive on e-invoicing in public procurement
What is e-procurement and e-invoicing?
Electronic procurement (e-procurement) refers to the use of electronic means by public sector organisations when buying supplies and services or tendering public works.
End-to-end e-procurement is the use of electronic communications and transaction processing in public procurement contracts throughout the entire process, from electronic publication of notices to electronic payment.
Electronic invoicing (e-invoicing) is the electronic transfer of invoices between business partners (supplier and buyer).
The Council already agreed to the new rules at the Telecoms Council last week. The agreement on the new text has been reached in only 16 months, showing how all EU institutions are committed to unlock the full potential of the open data goldmine.
European Commission Vice-President Neelie Kroes said: "Today we can celebrate our efforts to bring government data closer to citizens and businesses in Europe. We are finally getting the much needed legal framework to boost the economy and create new jobs.
Read more: Commission welcomes Parliament adoption of new EU Open Data rules
Google, Hewlett-Packard and Microsoft were among the companies pledging to help improve technology education in Europe at an EU digital affairs conference in Dublin on Thursday (20 June).
Read more: IT giants pledge skills education to plug European job gap
In September of last year, another PwC report highlighted the importance for Malta of investing in health information technology (eHealth), saying that a good managerial and technological support system can alleviate work pressures of this labour intensive industry.
Read more: mHealth key to improving EU healthcare systems – report