The e-invoicing revolution is gaining global momentum!
The UK’s public sector is adopting e-invoices in order to achieve £2bn in savings. However, many European governments having already moved to e-invoicing. It’s something that is already mandatory in Denmark and Finland, who send e-invoices for all B2G transactions. Now Singapore has become another international country, along with the likes of Brasil and Mexico, to implement e-invoicing.
In the coming years, I can see it becoming mandatory for all businesses who transact with governments to adopt e-invoicing. B2B transactions will also increase as more