VATupdate

Share this post on

The Evolution of E-Invoicing and Digital Trade: Preliminary Insights from the Billentis Report 2024

  • Billentis released a highly anticipated report titled ‘The Global e-Invoicing and Tax Compliance Report: Watch the Tornado!’, providing insights into the evolving landscape of e-invoice compliance and digital trade.
  • The report highlights the influence of tax-driven Continuous Transaction Control (CTC) models and emerging technologies like Artificial Intelligence (AI) in shaping e-invoicing processes.
  • Market predictions for 2024-2028 indicate significant growth in e-invoice volumes, driven by government mandates and regulations, with a projected surge to 550 billion e-invoices exchanged worldwide by 2025. The future of e-invoicing involves greater adoption, standardization, automation, and integration with emerging technologies for enhanced efficiency and transparency.

Source Basware

See also (download the report)


  • Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE

 

Sponsors:

VAT news
VAT news

Advertisements:

  • VATupdate.com