No more paper invoices in public procurement

Saving HRK 2bn a year

The full implementation of the electronic invoicing (e-Racun) system begins in Croatia today. It is expected to bring estimated HRK 2bn in annual savings to commissioners in the public sector and their suppliers. This is considering that the volume of total public procurement is around 44bn and the Government expects to reduce costs by 6%-13%, particularly in the segment of small procurements, Poslovni dnevnik reports.

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