- Enhancement of the EU Single Market: The EU Single Market Strategy, launched by the European Commission, aims to boost economic integration, digitalization, and global competitiveness through initiatives like the Single Digital Gateway and the Once Only Technical System, which will simplify processes for businesses and enhance cross-border service accessibility.
- E-Invoicing’s Central Role: A key objective of the strategy is to establish a unified digital framework, promoting interoperability in e-invoicing across member states. This will significantly increase the demand for compliant e-invoicing solutions, particularly in public procurement, as governments mandate digital invoicing for public sector transactions.
- Support for Sustainability and Future Initiatives: The strategy also emphasizes the green transition by reducing paper usage through e-invoicing, aligning with the EU’s broader VIDA initiative to make e-invoicing mandatory for B2B transactions by 2028. This progression creates opportunities for e-invoicing service providers to expand their offerings and support businesses in adapting to new digital and regulatory frameworks.
Source SNI
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