- Electronic invoicing mandates are becoming more common globally, requiring businesses to share real-time transactional data with tax authorities.
- Compliance with e-invoicing mandates requires robust integration frameworks and meticulous data management practices, which may pose challenges for ERP systems.
- Adapting ERP systems to meet the legal requirements for e-invoicing can be costly and technically complex, especially when dealing with multiple systems or different versions. Additionally, maintaining compliance requires continuous adaptation as laws and requirements evolve.
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