- E-invoicing compliance is becoming a global, simultaneous challenge for multinational companies, with different countries using different rules, formats, and deadlines.
- Billentis estimates 600 billion invoices are issued yearly worldwide; about 29% of B2B invoices are already electronic, rising to roughly one-third by 2030 under mandates-only projections.
- Latin America leads in e-invoicing adoption (78%), followed by Europe (64%); the Middle East and Africa are growing quickly, while Asia remains earlier in adoption.
- Major mandates and rollouts are underway across many regions, including France, Poland, Germany, UAE, Oman, Nigeria, South Africa, and Malaysia.
- The key issue for companies is no longer readiness for one country, but maintaining continuous readiness across many evolving mandates.
Source: tradeshift.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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