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Avalara Confidentially Files for U.S. IPO Amid Rebounding Market Activity

Tax automation software provider Avalara announced on Monday that it has confidentially submitted paperwork for a U.S. initial public offering (IPO), signaling a potential return to public markets as investor interest in new listings continues to rise.

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Sovos Introduces Sovi AI to Revolutionize Global Tax Compliance

Sovos has announced the launch of Sovi AI, an AI-driven suite within its Tax Compliance Cloud, offering automation, analytics, and scalable tools to help businesses navigate global tax, e-invoicing, and reporting requirements with greater precision and efficiency

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P2P Tax Belgium Confirms Details of 2026 Mandatory B2B E-Invoicing Regime with New Royal Decree

The Belgian government has a Royal Decree that sets the technical and procedural framework for the country’s upcoming mandatory B2B e-invoicing requirement, set to take effect 1 January 2026. The Decree updates and expands on the Law of 6 February 2024, aligning Belgium’s mandate with the EU’s VAT i

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Avalara Launches Generative AI Assistant for Tax Research

Avi for Tax Research draws on Avalara’s vast library of authoritative tax content to answer queries in real time, reducing the need for time-consuming manual research

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Sovos Partners with Tungsten Automation to Deliver Breakthrough Compliant AP Solution

Joint offering combines proven AP automation with comprehensive tax compliance to streamline the entire procure-to-pay and compliance lifecycle

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Tungsten Automation Appoints Peter Hantman as CEO

Peter Hantman has been promoted to Chief Executive Officer and appointed to the Board of Directors, while Robert Watson has joined the company as Chief Financial Officer.

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EU Member States Step Up ViDA Preparations with New Rules, Standards, and Delays - July 2025

As the EU’s VAT in the Digital Age (ViDA) reforms draw closer, several Member States are moving forward with domestic e-invoicing frameworks, technical updates, and legislation to prepare for the 2030 cross-border e-invoicing mandate. Recent developments in Germany, Poland, the Netherlands, Greece,

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E-Invoicing Updates in Africa, the Middle East, and Asia – July 2025

Governments across Africa, the Middle East, and Asia continue to advance e-invoicing mandates, with significant developments in Tanzania, the UAE, and Malaysia.

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E-Invoicing Could Deliver $616 Billion in Economic Benefits Globally, Avalara Study Finds

The research examined the potential impact of e-invoicing across the United Kingdom, United States, Germany, France, India, and Australia, estimating a total global economic opportunity of $616 billion

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Tradeshift Launches AI-Powered Analytics App for AP Teams

New tool gives enterprise buyers instant insights into AP performance, powered by Amazon QuickSight and Amazon Q

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Malaysia Delays E-Invoice Rollout to Ease Transition for Smaller Businesses

Originally scheduled to begin on July 1, 2025 for companies with annual sales of RM500,000 and above, the implementation has now been revised into three additional phases.

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Latvia Delays B2B E-Invoicing Mandate to 2028

The Latvian parliament has formally adopted amendments to the Accounting Law, postponing the launch of mandatory B2B e-invoicing and e-reporting to 1 January 2028.

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Serrala recognized in the 2025 SPARK Matrix™ for Account Receivable Applications by QKS Group

QKS Group, a global provider of market research and advisory services, has recognized Serrala in its 2025 SPARK Matrix™ for Account Receivable QKS

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Nearly 70% of CFOs Brace for Missed Targets Amid Rising Global Uncertainty

Geopolitical instability (46%), supply chain disruptions (46%), and persistent inflation (45%) as their top external threats.

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KTC Group Streamlines Financial Operations with Serrala’s FS² Payments Solution

By integrating FS² Payments into its existing SAP environment, KTC Group has automated payment processing and bank connectivity, reducing human error and minimizing manual effort.

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Avalara Launches APIs for End-to-End 1099 and W-9 Compliance Automation

These APIs enable companies to seamlessly embed 1099 and W-9 compliance workflows into their existing ERP, accounting, ecommerce, or marketplace platforms — transforming manual, time-consuming processes into a streamlined, fully automated system.

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Shared Services Delay in SAP S/4HANA Migrations Puts Enterprises at Risk, Warns Basware

Basware warns of compliance and cost risks as CFOs and CIOs struggle to align priorities

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France Releases Updated E-Invoicing Specifications Ahead of Mandate Rollout

With deadlines approaching, companies are urged to review the new requirements, assess their system readiness, and begin aligning internal processes to reduce the risk of non-compliance.

ASEAN’s Digital Economy Agreement DEFA Signals Coming Shift in E-Invoicing and Cross-Border Finance

Finance and compliance leaders operating in Southeast Asia are preparing for a major regulatory shift, as the Association of Southeast Asian Nations (ASEAN) moves ahead with its ambitious Digital Economy Framework Agreement (DEFA), a region-wide, binding agreement focused on digital economy governan

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Invoice Rejections Spike as Businesses Brace for U.S. Tariffs

Global companies rejected two million more invoices in the first quarter of 2025 than during the same period last year, as growing tariff threats from the United States triggered widespread efforts to conserve cash and renegotiate supplier terms.

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