Global E-invoicing Market (2019 to 2027) - COVID-19 Impact and Global Analysis by Type, End-user and Geography - ResearchAndMarkets.com
Summary
DUBLIN--(BUSINESS WIRE)--The "E-invoicing Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type; End User; and Geography" report has been added to ResearchAndMarkets.coms offering. The advantages of e-invoicing, such as easy tracking of business transactions, reduced payment process time, low human errors, and increased cost savings, are further complementing the growth of the e-invoicing market across various regions. In addition to this, the rising initiatives by global associations such as Connect ONCE, OpenPEPPOL, EESPA, and GS1 to improve the interoperability among various international e-invoicing formats are further anticipated to fuel the adoption of flexible cloud-based e-invoicing solutions. Technology events and industry meet cancellations, factory and office shutdowns, and reduced business activities are among the major effects faced by the sector. The global travel bans imposed by countries in Europe, Asia Pacific, North America, and others are affecting the business collaborations and partnerships opportunities across industries.