Global e-invoicing market growing 28% per year according to new report

PAGERO RELEASES THE 2024 BILLENTIS REPORT ON GLOBAL E-INVOICING AND TAX COMPLIANCE TO ITS COMMUNITY

The billentis report, authored by industry experts Bruno Koch and Marcus Laube, provides a comprehensive, research-driven overview of the state of e-invoicing and tax compliance today.

Amongst other insights, the report estimates the value of the e-invoicing market to grow by on average 28% per year between 2024 and 2028 – at the end of which the annual transaction volume is estimated to be 184 billion e-invoices.

Oscar Wegland, Chief Marketing Officer at Pagero, commented on the report, saying: "The billentis report does an excellent job of underscoring that we are reaching a tipping point now where e-invoicing and automated tax compliance is transitioning to a phase of widespread market adoption. At Pagero, we saw this ‘tornado’ of digital transformation coming over a decade ago and built an open, scalable solution that can handle the skyrocketing demand that will inevitably follow the rollout of e-invoicing mandates across the world."

Pagero is a proud sponsor of this report. It is available for download here

About Pagero
Pagero operates a Smart Business Network that connects buyers and sellers for automated, compliant and secure exchange of orders, invoices, payment instructions and other business documents. With an open network and a wide range of value-added apps, Pagero helps businesses streamline their order-to-cash and purchase-to-pay processes while unlocking the full potential of accurate and reliable business data. All of this, regardless of location, industry, size or systems. Find out more at pagero.com.