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Comprehending the latest trends on e-invoicing. Yes please.
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What is your business doing to prepare for the e-invoicing mandates that are coming into effect all around the world?
Globally, the market for e-invoicing is expected to reach $35.9 billion by 2028, driven by the increasing number of tax authority mandates and the desire for greater business efficiencies. Governments are mandating e-invoicing in order to drive faster indirect tax collection, increase cost-efficiency and reduce fraud.
Businesses are also becoming increasingly aware that e-invoicing is in their interests too. If it is implemented well, it's a strategic opportunity to streamline business operations, increase efficiency and improve cash flow.
Read the blog, ‘E-invoicing and the domino effect for VAT’, to understand why e-invoicing is on the rise, the latest trends and how you should prepare.
E-invoicing and the domino effect for VAT
