An article about e-invoices and Telema was published this month in news2biz`s bi-weekly newsletter. The objective of news2biz is to create transparency in the market and provide executives with a solid knowledge base for decision-making in Poland, Estonia, Latvia, Lithuania and China.

In brief:
The four strong players in Estonian e-invoicing market are Itella, Eesti E-Arvete Keskus (50.1%-owned subsidiary of Itella’s Estonian peer Eesti Post) and the privately-owned companies Telema and Edisoft. Even though some players evaded revealing some figures to news2biz, which makes a head-to-head comparison hard, the available information lead to an interesting overview of the Estonian e-invoices market.

Meanwhile, when people are still afraid to go over from paper documents to e-invoices, Hele Hammer and Toomas Türk still believe optimistically that e-invoices market will keep growing.

The article also mentioned e-receipts, which are actually different from e-invoices. An e-receipt project is already planned to be implemented in Estonia by a foundation called E-teenuste SA.