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What is e-invoicing?

  Рет қаралды 158

Axway

Axway

3 ай бұрын

Simply put, e-invoicing is the digital exchange of invoices between businesses and their clients or suppliers, replacing traditional paper-based processes.
It’s much more than just sending PDFs back and forth by email though. E-invoicing relies on structured data in an agreed, machine-readable way with a clear syntax.
Standards help organizations automate the processing of these documents. That’s why it’s more than just a trend; e-invoicing is becoming a necessity.
In the EU, for instance, public procurement now requires e-invoicing using the European Norm EN-16931, supported by the PEPPOL network.
And more countries around the world are shifting towards Continuous Transaction Control (CTC), making e-invoicing mandatory even for Business-to-business transactions.
France, Germany, Spain, Belgium, Poland, Romania-the list goes on… by 2030, it’s expected that all EU countries will adopt the B2B e-invoicing standard.
This means staying ahead of e-invoicing regulations isn't just smart-it's essential for navigating an evolving landscape in international business.
Dive deeper: blog.axway.com/learning-cente...
Visit @AxwaySoftware for more! #B2Bintegration #PEPPOL #einvoicing #shorts

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