E-Invoicing: U.K. and U.S. Approaches in Focus

E-invoicing is rapidly becoming the cornerstone of global trade and compliance. As years pass, more and more countries introduce mandates. But, even as the world moves together to embrace e-invoicing as the standard, there is significant disparity among the approaches countries are taking. The United States and the United Kingdom, for example, have vastly different approaches to their e-invoicing initiatives.

In the U.K., a potential shift is on the horizon. While no mandates exist yet, recent political developments signal a growing interest in e-invoicing as part of modernizing the tax system. Meanwhile, the U.S. faces significant barriers to mandating e-invoicing due to its decentralized ta...