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The digitization of financial and tax processes has gained momentum worldwide, and Singapore became the center of this development for three days during the E-Invoicing Exchange Summit and APAC Peppol Day. Three days full of ideas, figures, examples, and discussions made it clear that e-invoicing is no longer just an IT project.
Our neighboring country Denmark is considered a European pioneer in e-invoicing. Consequently, e-invoicing in Denmark has been mandatory for all invoicing in the B2G sector since 2005.
The digitalization of tax and invoicing processes is continuously advancing across Europe. Belgium is also playing an increasingly active role in this development. With a clear focus on the Peppol network and unambiguous legal requirements, the country has made electronic invoicing a strategic driver of digitalization – both in public procurement and prospectively in the B2B sector.
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