E-Invoicing Could Unlock Nearly £9 Billion for the UK Economy, Avalara Finds

• New global research from Avalara and Cebr reveals the transformative power of electronic invoicing adoption in the UK and across five other major markets
• Productivity benefits could create billions in economic gains for businesses and governments

BRIGHTON, England, June 23, 2025 /PRNewswire/ -- Avalara Inc., a leader in modern tax compliance automation, has released a landmark global report in partnership with the Center for Economics and Business Research (Cebr) quantifying the economic impact of electronic invoicing (e-invoicing) adoption.

The study, covering the United Kingdom, United States, Germany, France, India, and Australia, has found a combined annual economic opportunity of $616 billion, approximately £483 billion, through productivity gains, faster payments, and reduced fraud. In the UK alone, full e-invoicing adoption could unlock yearly economic gains of $11.2 billion, approximately £8.8 billion.

Economic & Business Value
The report reveals that switching to e-invoicing delivers measurable economic benefits for nations, as well as financial and operational efficiencies for businesses. The average UK firm adopting e-invoicing technology could realise $584,600 in annual productivity gains, around £460,000. Elsewhere, e-invoicing could add $116 billion in the U.S., $16.9 billion in France, $15.1 billion in Australia, $13.3 billion in Germany, and $3.7 billion in India.

"E-invoicing isn't just a compliance solution, it's a growth engine for global economies and businesses," said Ross Tennenbaum, President of Avalara. "Our research with Cebr proves that the faster we help businesses transition to electronic invoicing, the more we can do to help unlock billions in productivity and day-to day efficiencies."

Across the pond, U.S. businesses that adopt the technology save $15.16 for each invoice received. This amounts to $1.1 million in annual productivity gains per firm. In France, large businesses have been able to reclaim up to 54.4 minutes for each invoice, significantly reducing processing time and freeing up finance teams to do more effective tasks. Down under, Australia leads in the payment acceleration benefits. Firms have seen payments arrive up to 2.5 days faster, a 15% improvement on paper or more manual digital processes.