In May 2020 we published an article about how many invoices summitto’s real-time reporting system could handle. We showed that TX++ could already serve e.g. Italy (between 2 and 3 billion invoices per year)[1] and Spain (4.8 billion invoices per year).[2] At that moment in time our software could handle 700 transactions per second, which refers to a maximum of 22 billion invoices per year.
It is important for reporting systems to be future-proof, and to be able to handle changes in legislation and a growth in invoice usage. Therefore, we have continued investing into R&D in order to reach a so-called throughput of 1255 invoices per second. This means that 39,577,680,000 invoices can be sent through our system every year.[3] In the following we will provide a bit more background information about what this figure means and how we achieved this milestone.
Additionally, we still have some improvements in the pipeline which can increase that number even further. However, as we can already handle the invoicing volume of any EU Member State, this has no immediate priority.
Source: summitto.com
