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On the Way to Real-Time Economy
Dirma, Virgilijus |
Date Issued |
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2021 |
The purpose of this vision of real-time economy (RTE) is to agree on the concept, goals and lines of action of RTE necessary for the transition to RTE. The vision will ensure that our entrepreneurs save time when communicating with the state and fulfilling their obligations as these can be completed automatically. In addition, the activities will contribute to the automation of business-to-business transactions and the improvement of data quality. The assessment of the economic impact of real-time economy shows that real-time data exchange solutions (e-invoices, e-receipts, data-driven reporting to the state, ewaybills, etc.) save the business sector more than ⬠200 million a year. It is possible to save about 14.10 million working hours a year, which equals to the full-time work of 7,000 people.