Since 2011, governments around the world have started mandating e-invoicing. One of the main reasons to make e-invoicing mandatory is to close the VAT-Gap. By implementing a clearance model, every invoice will be approved by the local Tax Authority. In this way, the authority gains control over the entire invoice flow in their country. As a company, there are multiple approaches to stay compliant in e-invoicing. Is your organization approaching e-invoicing compliance the right way?
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