SMEs lead its use

The small company has registered in 2021 an electronic invoice issuance data of 32.83%, 1.95% less than in the previous year. On the other hand, the medium-sized company registers an emission percentage of 31.63% and an invoice receipt figure of 23.90%.

The small company heads for the second consecutive year the list of companies with the highest issue and receipt of electronic invoices in 2021, as revealed by the study carried out by Grupo Seres “Comparative study of the use of electronic invoices in Spain”.

“Electronic invoicing is a key element of digital transformation and offers innumerable advantages such as improved management, derived from greater agility, cost reduction, automation and transparency”, explains Alberto Redondo, director of Marketing and Mass Market at SERES .

Electronic invoice in Spain

Making a calculation of the B2B, B2G and B2C areas, we observe that the total volume of electronic invoices issued in Spain in 2021 amounted to 296,469,689, which represents an increase of 28.12% compared to 2020 and 55,738,642 invoices more electronics.

The use of electronic invoicing in 2021 allowed the saving of more than 2,300 million euros in management costs, 23.15% more than the previous year, and avoided the use of paper equivalent to 16,486 pins.

This represents an environmental saving that has grown by 27.20% compared to 2020, also saving time in working hours equivalent to 617 working years, 19.80% more than the previous year.

According to the “Comparative study of the use of electronic invoicing in Spain” published by SERES, SMEs lead in the use of electronic invoicing in Spain

The keys: pandemic and digital transformation

The pandemic has affected companies, revealing the importance of implementing digital solutions that facilitate coverage between companies, provide security in collection and payment methods, and improve transparency. Many companies have been downsized due to the crisis so that they have been forced to accelerate their digital transformation.

This boom in digital transformation is given in part by the aid package for the digitization of SMEs and the self-employed promoted by the European Union and the Government of Spain, such as the “Create and Grow” law approved on December 17, 2021 and the Aid from the Next Generation Funds of the European Union to promote the digitization of SMEs with the Digital Kit aid.

Despite the progress made in the digital transformation of the business fabric in Spain, there is still a long way to go until these digital solutions are fully integrated into companies and society in order to achieve greater competitiveness and optimization of coverage processes between Business.