- Finding the right e-invoicing solution can be challenging, but it will soon be required for most companies globally.
- To ensure success, it is essential to consult experts and gather information.
- Genuine electronic invoicing involves more than just sending digital documents, as it requires the transmission of invoices between the financial systems of buyers and sellers.
- However, there is still disharmony in the e-invoicing industry due to differences in definitions, lack of standardization, and varying market maturity levels.
- According to Billentis, by 2025, 80% of organizations will be required to exchange invoices electronically. Therefore, companies relying on paper or PDF invoices must act quickly.
- Moving towards system-to-system e-invoicing can lead to cost reduction, increased visibility, improved services, and compliance with government regulations.
- To find the right e-invoicing solution, research is necessary. A comprehensive guide has been compiled, covering the benefits of e-invoicing, measuring savings and benefits, the global e-invoicing landscape, driving forces behind e-invoicing, factors to consider when choosing a network and platform, defining the scope of an e-invoicing project, and selecting the right service provider.
- It is crucial not to fall behind in adopting e-invoicing to avoid being hindered by outdated processes.
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