In July 2022, Romania launched its e-invoicing massification process. From this date, different groups of taxpayers were obligated to submit their invoices electronically through the national platform RO e-Factura.
In January 2022, Poland entered the voluntary phase of e-invoicing implementation. By 2020, e-invoicing became mandatory for all Polish public administrations to comply with the European Directive 2014/55/EU on e-invoicing in public procurement.
E-invoicing offers many benefits to businesses, as evidenced by the mandatory adoption of e-invoicing in public services, which has led several European governments to develop plans for its adoption in the private sector.
On 8 December 2022, the European Commission published a set of initiatives aimed at controlling and modernising the VAT system and preventing tax evasion. This package of measures is known as the ViDA (VAT in the Digital Age) project, an action plan that will help make VAT more resistant to fraud by embracing and promoting digitalisation.
PEPPOL was created in 2008 as a pilot Project by the European Comission and is governed by a set of specifications and standars based on multilaterals agreements. Its acronyc stands for Pan-European Public Procurement Online (PEPPOL).
In Europe, electronic invoicing is present in all countries and much of the success of its use is due to the regulatory impulse by the different governments to accelerate its implementation through compulsion. Such is the success of the B2G e-invoicing that the use of it is being extended to the B2B field. In this post, we will see which European countries are already adopting this new modality of invoicing between companies.
The digitalization of companies is a reality, which is why more than 80% of countries already use electronic invoicing in their companies due to the benefits that this entails. One of the latest countries to join the use of B2B e-invoicing is Saudi Arabia.
The United States is the third-largest country, home to digitalization and artificial intelligence.
The electronic invoice is a powerful tool promoted internationally that brings a multitude of benefits to companies. Although as a rule there are a number of similarities in e-invoicing projects between different countries, the multitude of types of formats, platforms, legal regulations or the level of technological development make the electronic invoicing differ from one country to another.
In the supply chain, fluid communication between all actors that are part of the process is essential. Therefore, the Electronic Document Exchange (EDI) revolutionized all the parties that make up this supply chain, especially in sectors such as automotive, retail or logistics.
