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Why E-invoicing is in Focus Today & How will it Benefit your Business?

Zycus Cognitive Procurement

Mn by 2027 from US$ 1,241.7 from 2020 to 2027’ according to a report by Industry Today. Electronic invoicing (e-Invoicing) is the invoice document exchange between a supplier and a buyer in an integrated electronic format. Both suppliers and buyers can manage invoicing data on a central cloud-based platform.

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UNLOCK THE VALUE OF DIGITAL TRANSFORMATION BY ADOPTING E-INVOICING

Zycus Cognitive Procurement

million by 2027, as per a research report by Research and Markets. The member states of the EU are implementing E-invoicing on a mandatory basis between the public sector and its suppliers. Thus all the stakeholders, including buyers, suppliers, and finance departments, can achieve various tactical and strategic benefits.