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Study finds e-invoicing could save SMEs over $40,000 a year

Australian SMEs could save tens of thousands of dollars a year by transitioning to e-invoicing, according to a new report by SAP.

Study finds e-invoicing could save SMEs over $40,000 a year
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  • Shared from mybusiness
  • October 26, 2021
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The report, The connected SMB: Embracing digital strategies to fuel growth, found that Australian small to medium sized businesses (SMBs) process an average of 168 invoices each month. With a Deloitte study estimating that e-invoicing could deliver savings of up to $20 per invoice, Australia’s SMBs could save up to $40,320 a year.

Read more at mybusiness.com.au

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