E-invoicing has been around for 25 years. Yet, too many mid-sized and enterprise companies are still processing unacceptably high volumes of paper invoices. While there are many examples of companies hitting 90% electronic, generally e-invoicing adoption has been sluggish.
But not for long. Country mandates are nearly ubiquitous – and they are constantly changing. By 2030, most counties are expected to have adopted some form of real-time reporting requirements. Non-adoption is not an option. The sluggish will turn supersonic as every manual AP operation frantically and/or expeditiously prepares itself for a sprint to the finish/start line (ViDA in 2030).
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