E-invoicing has now reached a tipping point across Europe as adoption is heightened, driven, primarily, by the pandemic and businesses need to reach their customers. The surge in e-invoicing is encouraged through its ability to improve VAT collection, detect fraudulent transactions promptly, and close payments quicker, allowing the CFO to take the lead in boosting company liquidity.
In late 2022, the European Parliament called on the European Commission to align the e-invoicing standard to a central global compliance framework across Europe. CFOs across Europe & the UK will now need to start preparing to comply with these regulations, rather than just considering it as a nice-to-have. What are the requirements for e-invoicing implementation? How can CFOs quickly understand what processes their company currently follows that can support implementation? How should finance leaders approach stakeholders and suppliers to secure their active engagement? Whether it’s mandated or through the pressure to digital upgrade, e-invoicing will hit all CFOs, and by joining this session you’ll gain access to know how to adapt internal processes and controls to be ready when it does.
Watch the recent session from the CFO Executive Dialogue and hear from Martti Nurminen, CFO, Basware on how to: