What is e-invoicing?

E-invoicing is the digital exchange of invoices in an electronic structured format, allowing seamless processing between businesses and tax authorities. Unlike PDFs or scanned invoices, e-invoices are machine-readable which makes automatic processing available and ensures automated validation. The difference between an e-invoice and a regular invoice sent e.g. via email, lies in its structured format, which allows for automation and direct integration with tax authorities’ systems.