The Global E-Invoicing

Journey 2019-2025

Singapore, November, 2019

Bruno Koch

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E-Invoicing initiation in the nineties

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Curvy and bumpy journey until today

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Digitalisation/automation is a hot topic

right now

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Private industry automation evolution &

mandate for Clearance Model

07.11.2019

Supplier Buyer

Tax Authorities

Solution Provider

1

2 3

All kind of data/documents

• Invoice extracts

• Full content invoices

• Correction, cancellation

• Credit/debit notes

• Financing

• Payments

• Purchasing, procurement

• HR and salary

• Cash register

• Transport and logistics

• Inventory

Corresponding

messages to

the supplier

messages

In long-term, all business messages with tax relevance may be

standardised and exchanged in real-time via Clearance Models.

SP

page 5

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Coming electronic tax reporting and

invoicing mandates

page 607.11.2019

Announced and in implementation phase

• Bolivia and Colombia; in middle of rollout during next 12 months

• France, B2G in final rollout-phase, B2B from 2023-2025

• Germany and Portugal B2G from 2020

• Uzbekistan from January 1, 2020

• Vietnam for all enterprises from November 2020

Expected, predicted

• Asia: China, India, all members of Eurasian Economic Union, Malaysia,

Philippines and others

• Europe: ES, PT and CEE countries

• Egypt and many more

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Procurement

Conventional invoices

POS Supplies

PaymentFinancing

Payroll

Inventory

Transport and logistics

Trade facilitation

Digitise

all tax

relevant

docs

Expected digitisation landscape 2025 in

leading countries – holistic view

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B2B POS Purchase

07.11.2019

# receipts : invoices ≈ 1 : 1 ?

Data to PSP (and TA)

Viewed in customers’ app;

picture to his email address

Present and future:

• Customer authentication

required; VAT card, QR

content enrichment

• App settings support

addressing & routing

information via SP

• Structured data for AP

automationpage 8

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Source: Billentis

Estimated evolution of the global invoice

+ receipt volume

0

500

1000

1500

2000

2500

3000

3500

2020 2025 2030 2035

Bil

lio

n

Total invoices + receipts Conventional e-invoices

Electronic POS and mobile invoices Paper invoices + receipts

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System, process and archive patchwork

in many multinational companies

07.11.2019

• Inbound invoices: 3 - 20 Service Providers

• Outbound invoices and Electronic Tax Reporting: 20 - 160+ Service Providers and Portals; number increases by 2 - 6 p.a.

• Increasing number of mandatory countries and messages

• Change management; 1000+ new legal requirements p.a.

• Guarantee tax compliance internationally

page 10

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Some harmonisation attempts for

electronic invoicing & tax reporting

07.11.2019

• Internationally

Some interoperability frameworks, including e-invoicing standardisation

Increasing alignment among approaches of associations

ICC Expert Dialog, best practice CTC

• Latin America: ALATIPAC, CIAT

• Europe

European Norm for e-invoicing and e-procurement includes a regulated core; supports country and industry specific extensionsCreative-Commons, CC BY 3.0 BR

page 11

Disrupt or be disrupted?

Who should initiate disruption?

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Order your free copy on site www.billentis.com

Tips and hints for a successful journey

180+ pages content:

Global market

Evolving market models

Electronic POS and

mobile invoicing

Clearance model

The e-invoicing journey

2019 - 2025

How to be successful

with your project

About 50 solution and

service vendor profiles

© Billentis, Bruno Koch - Reproduction is authorised provided the source is acknowledged.07.11.2019

Questions?

Bruno Koch

www.billentis.com | Twitter LinkedIn XING

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