Article
Capture

What's happening with e-invoices globally?

Governments will drive adoption

Tabatha Buessing
1 min read
June 13, 2022

Governments will drive adoption (and this increases exponentially with more adoption).

Europe:

Multiple countries in Europe have mandatory e-invoicing in business-to-government workflows. Since the early 2010s, Norway has made e-invoicing mandatory in B2G relationships. The situation is similar in Finland, Sweden and Denmark. Through these mandates, companies have started experiencing the benefits of e-invoicing and adopting e-invoicing holistically in a business-to-business and business-to-consumer environment as well.

Justyna Bielak, Product Owner in Engineering for Zone & Co talks about what is happening with e-invoices in Europe. ⬇️

Asia-Pacific:

Commonwealth Government of Australia made e-invoicing mandatory if you’re doing business with the government as of January 1st, 2022. This is beneficial to the payee as well because the government has been processing payments in as little as five days since this mandate. E-invoicing is taking hold at the local government level as well in New South Wales and Queensland. New South Wales is requiring e-invoicing in business-to-government relationships as of the first of the year. The Queensland locality will be requiring it as of July 1st, 2022.

Listen to Sammy Guirguis, Regional Director, Apps APAC in Sales at Zone & Co, explain how e-invoicing is taking hold in Australia:

United States:

While e-invoicing is certainly growing in popularity in the United States, especially in the B2B sector, it is not required or mandated by the government. As businesses continue to discover the conveniences and benefits of e-invoices, this new way to sending and processing invoices will overcome other methods in the states before it is mandatory.

Listen to the full podcast episode, How to Prepare for Electronic Invoicing (E-Invoicing), here:

Curious to know more?

Everyone's talking about e-invoicing, here's why.

Manage Stripe payments directly in NetSuite
Effortless approvals that let you get back to work
Make accounts payable less painful for everyone
Scale your billing and revenue without limitations
New call-to-action

More from Software

Articles
Industry Conferences

Catch us at the World Finance Forum: London March 23 & 24

Don't miss the opportunity to meet Zone & Co and our partner MacroFin at the World Finance Forum in London on March 23 and 24, 2023. We'll be co-sponsoring the event, exhibiting, and hosting a 30-minute roundtable session. We look forward to networking with you!

Read More
arrow
Zone

The benefits of using software solutions for sales tax compliance

‍In the final episode of our three-part “Finance in the Clouds” mini-series, George Padilha and Sam Blass of Avalara return to discuss how technology can simplify sales tax compliance. Listen to the full episode here or wherever you get your podcasts.

Read More
arrow
Zone

From Chaos to Clarity: How One VP of Finance Helped Her Company Become Sales Tax Compliant

In episode two of our three-part “Finance in the Clouds” mini series, we sat down with Nichole Peterson of Chatmeter to discuss the complexities of sales tax. Listen to the full episode here or wherever you get your podcasts.

Read More
arrow
faqs
How are incoming transactions captured?
FAQs are this way
How are various VAT rates supported?
FAQs are this way
What languages can I use with ZoneCapture?
FAQs are this way