- Implementation Challenges: The global rollout of e-invoicing has faced significant challenges, such as data validation errors in India’s GST e-invoicing launch, fragmentation in the EU due to varying standards, and cost and technical skill barriers for SMEs in Saudi Arabia.
- Security and Resistance Issues: Malaysia’s experience highlighted cybersecurity concerns with e-invoicing systems, while widespread cultural resistance to change within organizations has hindered adoption, with employees often reluctant to shift from traditional methods.
- Key Takeaways for Success: To ensure a smoother e-invoicing transition, businesses should prioritize user-friendly platforms, enhance interoperability and security, support SMEs with incentives and training, and conduct extensive testing through pilot programs before full implementation.
Source Fintedu
