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The UK is exploring centralized vs. decentralized e-invoicing models through HMRC’s consultation, aiming to create a future-ready framework while closely observing global and EU ViDA developments.
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Businesses see mandated e-invoicing as beneficial for data accuracy, efficiency, and competitiveness, with growing interest in centralized platforms, system integration, and AI for support and automation.
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By taking a smart second-mover stance, the UK can adopt proven global best practices, but delayed action risks fragmented business solutions and reduced readiness unless early cross-functional alignment begins now.
Source: vertexinc.com