SNS Insider pvt ltd The shift towards digital business operations is pushing companies to streamline their financial workflows, with e-invoicing offering significant benefits in terms of cost savings, error reduction, and faster payment cycles. Pune, Aug. 12, 2024 (GLOBE NEWSWIRE) — E-Invoicing Market Size & Growth Analysis: “According to SNS Insider Research, The E-Invoicing Market Size was valued at USD 12.7 Billion in 2023 and is expected to reach USD 63.93 Billion by 2032, with a growing compound annual growth rate (CAGR) of 19.69% over the forecast period of 2024-2032.” Market Analysis The increasing e-commerce and penetration of IT in sectors such as BFSI & telecom drive the market growth to demand specific invoicing solution which shall be effective and easy scalable. Digitalization as well as regulatory norms are propelling the e-invoicing market significantly. Organizations have now transformed from paper-based invoicing to electronic systems for more convenient operations, increased effectiveness and reduced costs. This also reflects the broader global shift of a move towards sustainability, as e-invoicing has lower paper requirements and carbon emissions. One of the primary drivers for e-invoicing is regulatory mandates as tax authorities try to improve transparency, reduce fraud, and increase compliance by enforcing the […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
