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Tuesday, 19.03.2024, 10:33
People will continue to use paper invoices for at least another ten years - Fitek
Speaking about invoicing services, Strazds says that digital
solutions make up 50% of all invoices, and paper invoices make up the other
part. This is because of the customer base of Fitek's customers, large
companies.
For instance, if it is a company that provides
telecommunication or management services, it must be understood that some of
its customers are still not ready to receive digital invoices, Strazds
explained.
The use of paper has been declining in recent years, but not
as fast as it was predicted ten to fifteen years ago. According to Strazds, at
that time people believed that there would be no paper invoices in Latvia by
2020.
"This is not so, and will not be for at least ten
years," said Strazds. On the other hand, invoices sent in PDF format
cannot be considered electronic invoices, he stressed.
When asked how many customers prefer electronic invoices,
Strazds said that economically active citizens, who receive three to seven
invoices a month, opt to receive them electronically. They could account for
about 70%.
He also pointed out that another aspect is the convenience
of electronic invoicing.
According to Strazds, Fitek processes about two million
different documents a month, half of which are electronic and half are
paper-based.
The company was registered in February 1998, and its share
capital is EUR 296,928.