Articles

Manage Customer Electronic Invoices: For Professionals It Will Be An Opportunity

by Marsh Maxwell Web Digital Group

Certainly the approval of the 2018 Budget Law, which formally announced the entry into force of B2B electronic invoicing starting from 2019, has caused many concerns. We shouldn't be surprised: the change looks huge.

In particular, electronic invoicing between companies has caused strong anxieties among professionals, who have at least partially experienced this reform as a threat. However, it should be stressed that the positive impacts , for professional firms, are manifold, and can certainly make us look at the obligation with an optimistic look.

The advantages for businesses

Before looking at the benefits of e-invoicing for professionals, let's briefly review the benefits of e-invoicing for the business sector. The first figure to consider is the saving in the invoice issue itself: according to a study by the Electronic Invoicing Observatory of the Auditors & Business Consultant in Dubai a company that issues more than 3,000 annual invoices .Added to this are the savings relating to the elimination of the management costs of the paper archive , the less time required for customer relations as well as the cancellation of printing and enveloping costs.

Electronic invoicing for accountants

Faced with the revolution represented by the compulsory B2B electronic invoicing , many professionals feared a big loss of customers, with a consequent collapse of the accountancy firms. However, this is not the case for all the studies that will be able to convert the threat of this reform into an opportunity, highlighting the advantages of the new invoicing.

Professional studies will become more efficient, thanks to the dual effect of streamlining and speeding up compliance . In view of 2019, professionals can also provide their customers with the electronic billing service, with third-party solutions or directly. This is not all: it should be stressed that professionals will in any case have the crucial task of supervising customer data, which will be structured and therefore easily analyzed to offer new valuable services.

It is and will be the task of professionals to accompany companies towards digital transformation, providing ad hoc advice on the possibilities offered by document dematerialisation. In this way, by offering a service that is up to par, it will be possible not only to further retain customer loyalty, but also to attract new customers, fleeing the latter from professional firms that have not effectively exploited the opportunities offered by the reform.

The studies, therefore, will no longer be mere service providers, but instead of the real collaborators , of the partners of the client companies: the relationship will become closer and immediate, also thanks to the continuous updates in real time.

The billing software and the Interchange System are therefore not a substitute for professionals, who are however called to a concrete change of pace , as well as to a redefinition of some internal roles. Think of the collaborators who, up to now, have been used for data entry operations.

With the introduction of the electronic invoicing obligation between companies, their role will inevitably have to change, to offer no longer the insertion of accounting data, but rather the control of the latter.

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About Marsh Maxwell Advanced   Web Digital Group

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Joined APSense since, November 28th, 2019, From Chicago, United States.

Created on Mar 21st 2020 07:51. Viewed 306 times.

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