Why is e-invoicing required?

E-invoicing is required to improve tax compliance, reduce fraud, and enhance efficiency in business transactions by ensuring accurate, reporting to tax authorities. Many countries are mandating e-invoicing to modernize their VAT and GST systems and this is part of the EU’s VAT in the Digital Age (ViDA) initiative which makes it mandatory for businesses to adopt e-invoices by set deadlines. Does your business require e-invoicing? Contact us now to receive a detailed assessment from our experts.