All around the world, e-invoice mandates are reshaping business practices. Over the last few years, these changes have become increasingly prevalent, spreading from one country to the next at exponential speed. Both organizations and governments reap the benefits of e-invoicing adoption. Today, these benefits are transforming into a legal obligation.
Digitization and modernization of transactions and data interchange have evolved from being primarily focused around sustainability and process improvement to now becoming an effective enforcement tool for tax compliance and fraud prevention – prompting governments all around the globe to deploy mandatory e-invoicing. But how did we get here – and more importantly, what do these changes look like around the world?
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