The 2020 Mid-Year Economic Update_long

Survey: Electronic Invoicing Not Widespread

This is a summary of a recent research project on technology use conducted by Steve Epner, principal at Brown Smith Wallace consulting group.

The research project looked specifically at whether distributors in the survey sent or received electronic invoices. Less than a fifth said they did either, and even fewer sent or received a significant percentage of their invoices electronically; 150 responses were analyzed in a survey of MDM readers.

Epner also examined whether the age of the company's top management, the age of the company, its size and the markets served affected the decision to adopt this technology. In this survey, he found no significant connection between these factors and the use of electronic invoicing.

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