The incorporation of e-invoicing is a crucial part of the digital transformation of nations. Its widespread adoption has become a global phenomenon, particularly in the Oceania region in recent years.
SERES Blog English
Mandatory electronic invoicing has become increasingly prevalent in Europe in recent years, with a number of countries embracing this method to modernise and simplify their invoicing processes. The transition to e-invoicing has been gradual but steady, with a range of European nations passing legislation and regulations to encourage the uptake of mandatory e-invoicing.
Today, Africa is deeply engaged in an unprecedented process of digital transformation at the national, regional and continental levels. This transformation is being driven by the vision outlined in Agenda 2063: The Africa We Want. This ambitious master plan serves as a guiding roadmap that will enable the African continent to establish itself as a global force in the future.
Adoption of e-invoicing continues to progress in Latin America, and a notable example of this progress can be seen in recent developments in Colombia and Peru during the month of September.
The publication of Directive 2014/55/EU marked a turning point for e-invoicing. Since then, e-invoicing has spread to every corner of the European continent. Prior to this legislation, Denmark, Sweden and Finland were the pioneering countries that took a step forward in implementing e-invoicing. Initially, it started with B2G transactions, and in the near future, mandatory use is expected to be extended to all B2B transactions.
E-invoicing in the United Kingdom began to take shape in 2010 with the establishment of the National e-Invoicing Forum. This forum aimed to promote electronic invoicing in both the public and private sectors of the country.
Since the publication of Directive 2014/55/EU, e-invoicing has spread to all countries on the European continent.
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.