The pre-covid VAT gap was estimated to stand at an astronomical $500 billion globally. Technology, which was not historically considered a strong component for several global governments, is now viewed as a catalyst for process improvement in tax data collection, emergent as a viable pathway towards closing the VAT gap.

Organizations should become accustomed to Government-designated regulations for transactional data exchanges and reporting, specifically and more commonly CTC models, all being introduced to validate and approve transaction data in real-time. This is revolutionizing invoice lifecycle management workflows.

Join IDC and Pagero, part of Thomson Reuters, for an exclusive discussion on how leading organisations are navigating the rapidly changing world of e-invoicing and finance in Europe. At this event, we’ll explore:

• How shifts in buyer controls and Accounts Receivables are redefining e-invoicing adoption. What does this mean for suppliers, buyers, and overall compliance?
• The impact of VIDA and EU member state mandates on accelerating e-invoicing rollout, and what a tsunami of upcoming regulations means for your business.

We’ll connect strategy to execution, and discuss how organisations can enable, augment, and optimise their e-invoicing processes and finance operations, driving greater efficiency, compliance, and business outcomes in today’s complex European market.