IDC MarketScape 2024
European Compliant E-Invoicing Vendor Assessment

Gain deep insights into the rapidly changing landscape of e-invoicing in Europe and see how Sovos can help your business navigate the complexities of compliance.

The European e-invoicing landscape is undergoing a transformative shift as new regulations reshape how businesses manage VAT compliance and reporting. As more countries implement mandatory e-invoicing requirements, staying ahead of these regulatory changes is essential for businesses operating across borders.

The 2024 IDC MarketScape report provides a detailed analysis of the key e-invoicing trends that will define the future of compliance in Europe, including:

• Diverse B2B E-Invoicing Mandates Across Europe 
  Discover how the EU’s VAT in the Digital Age (VIDA) initiative is reshaping VAT compliance, enforcing real-time reporting, and helping combat VAT fraud. 
• Expansion Beyond Traditional Use Cases 
  Learn how e-invoicing is evolving into a powerful tool for governments to gather real-time data on industry operations and influence national economic metrics, like GDP. 
• E-Invoicing as a Driver for Process Automation 
  See how businesses are leveraging e-invoicing to streamline financial workflows, automate processes, and improve accuracy, unlocking significant efficiencies beyond compliance. 

Additionally, dive into the critical technological advancements shaping the future of e-invoicing systems, including the shift toward system consolidation and the growing role of artificial intelligence (AI).