Pagero is a proud sponsor of the 2024 edition of the Billentis Report, titled "The global e-invoicing and tax compliance report: Watch the tornado!" This report provides an incisive analysis of the state of global e-invoicing and tax compliance today and how this sector is poised for monumental, rapid change in the coming years.
Key takeaways:
The global annual volume of invoices stands around 560 billion, where 125 billion are currently electronic. The proportion of electronic invoices is set to increase drastically as governments introduce e-invoicing mandates.
The overall global supply chain finance market is expected to grow from $6 billion in 2021 to $13.4 billion by 2031.
A new segment is emerging, dubbed Integrated Digital Trade, which encapsulates the entire spectrum of transactions between buyers and sellers.
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