CEZ Group, a conglomerate comprised of nearly 100 companies, has emerged as a key accelerator of electronic invoicing, the company revealed.
Reports from FOCUS News Agency emerged Sunday (Feb. 22) about CEZ’s success, noting that, according to the company, 160,000 of its Bulgarian clients are now filing invoices digitally.
“Electronic services are the future of services, not only in our sector,” CEZ Electro Bulgaria AD Marketing and Sales Support Director Zornitsa Yordanova said. CEZ operates in energy generation, coal mining and other industries.
The conglomerate highlighted not only the impact e-invoicing has on business efficiencies, but also the burden it removes on the environment. “Opportunities, such as the electronic invoice, not only raise the quality and speed of services but we also contribute to protecting the natural resources that could be exhausted,” Yordanova said. The 160,000 clients using digital invoicing with CEZ has saved more than 700 trees, according to the firm.
On the business end, digital invoices are more secure, timely and less dependent on location, as they can be processed nearly anywhere, CEZ noted.
The firm first launched its e-invoicing operations in 2013, when it launched an online archive of all e-invoices for CEZ clients. Since then, the program is growing; according to Yordanova, CEZ sees between 15 and 20 percent more clients opting to go digital every year. A total of 81 percent of CEZ clients that requested an e-invoice did so online, the firm said, while the rest did so either over the phone or in-person.
Yordanova did not comment on the e-invoicing operations of other CEZ units, which holds a strong presence in the Czech Republic.
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