There is no one-size-fits-all approach to e-invoicing mandates. Countries are selecting the model that best fits their various requirements, resulting in a hugely diverse landscape. Once introduced, governments fine-tune and amend guidelines, change invoice format requirements, and expand the scope. With the introduction of new cross-border mandates in several countries, things are only getting more complex.
It is no longer enough to become compliant – you must stay compliant. Just keeping up with the new mandates is more than a full-time job, let alone implementing the necessary changes. This is becoming a huge strain on resources for already overburdened finance departments.
In a recent sh...
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