Who are the key companies/players in the global e-invoicing market?ġ4.3.When it comes to shipping goods to international clients, there are standard document requirements used for exporting. What are the key regions in the global e-invoicing market?ĩ. What is the breakup of the global e-invoicing market based on the application?Ĩ. What is the breakup of the global e-invoicing market based on the deployment type?ħ. What is the breakup of the global e-invoicing market based on the channel?Ħ. What has been the impact of COVID-19 on the global e-invoicing market?ĥ. What are the key factors driving the global e-invoicing market?Ĥ. What is the expected growth rate of the global e-invoicing market?ģ. What is the size of the global e-invoicing market?Ģ. (EverCommerce), SAP Ariba (SAP SE) and The Sage Group Plc. Our report has categorized the market based on channel, deployment type and application.Ĭompetitive Landscape:The report has also analysed the competitive landscape of the market with some of the key players being Araize Inc., Basware Oyj, Brightpearl, Cegedim (FCB SAS), Comarch SA, Coupa Software Incorporated, International Business Machines Corporation, Nipendo Ltd., Paysimple Inc. Key Market Segmentation:The publisher provides an analysis of the key trends in each sub-segment of the global e-invoicing market, along with forecasts at the global, regional and country level from 2022-2027. Other factors, including the increasing adoption of blockchain technology to ensure the security of documents, along with the emerging trend of document digitalization for efficient processing and compliance requirements, are anticipated to drive the market further. Additionally, various technological advancements, such as the development of web and software-based invoicing applications that can be integrated with the cloud, artificial intelligence (AI), Internet of Things (IoT) and predictive analytics tools, are contributing to the market growth. In line with this, product vendors are also offering flexible e-invoicing solutions to support the frequently changing operational patterns. Furthermore, widespread adoption of advanced information technology (IT) solutions across the banking, financial services and insurance (BFSI), energy, telecommunications and retail industries, is also driving the market growth. Significant growth in the e-commerce industry is one of the key factors creating a positive outlook for the market. Apart from this, it aids in convenient tracking of business transactions and minimizing the costs associated with system design, customization, implementation, training and maintenance. E-invoicing can also be deployed through the cloud and on-premises solutions that offer various other benefits, such as improved invoice accuracy and data quality, reduced instances of delayed payments and faster invoice-processing time and transparency. It is usually conducted through various smart devices, such as mobile phones, laptops and tablets, and includes purchase orders, debit and credit notes and remittance vouchers that specify the terms and conditions of the payment. Electronic invoicing, or e-invoicing, refers to the generation of electronic bills through a digital platform during an exchange of goods and services.
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