Unlocking savings: UK businesses prepare for e-invoicing mandate

E-invoicing can cut costs, reduce errors, and speed up payment cycles, delivering benefits from day one. Government figures show e-invoicing can reduce late payments by 20%, save small firms £11,300 a year and deliver a 3% productivity lift. Yet more than half of UK invoices remain non-digital, costing businesses time and money.

Even partial adoption improves cash flow and strengthens customer relationships. With a government roadmap due in 2026, businesses that act now will avoid last-minute disruption and gain immediate advantages through automation, streamlined workflows and flexible digital channels.

Proven solutions for UK firms

Tieto, a leading Nordic technology and software company, is helping UK businesses modernise using its Multichannel platform — already proven in the Nordics where more than 80% of invoices are processed digitally.

“Companies can no longer afford inefficiency,” says Steve Tait, Sales Manager at Tieto Indtech. “Multichannel helps businesses speed up payments, reduce operational costs and strengthen customer loyalty, all while futureproofing their communication strategy.”

Tieto’s Multichannel platform centralises communication, automates document handling, and integrates payment options, enabling faster payments and lower costs in one unified solution.

Key benefits for UK businesses:

• Lower costs: One partner for all communication channels reduces complexity and overhead.
• Faster payments: Integrated payment options encourage quick customer response.
• Higher efficiency: Automation cuts manual work and speeds up processes.
• Better customer experience: Customers choose their preferred communication channel.

For further information, please contact:

Tieto Communications, tel. +358 40 570 4072, news@tietoevry.com

Tieto is a leading software and digital engineering services company with global market reach and capabilities. We provide customers across different industries with mission-critical solutions through our specialized software businesses Tieto Caretech, Tieto Banktech and Tieto Indtech as well as Tieto Tech Consulting business. Our around 15 000 talented vertical software, design, cloud and AI experts are dedicated to empowering our customers to succeed and innovate with latest technology.

Tieto’s annual revenue is approximately EUR 2 billion. The company’s shares are listed on the NASDAQ exchange in Helsinki and Stockholm, as well as on Oslo Børs. www.tieto.com