CFO 4.0 - The Future of Finance 197. E-Invoicing Across the Globe: Navigating Compliance and Efficiency with Alex Baulf
Oct 15, 2024
41:53
In this episode of CFO 4.0, Hannah Munro is joined by Alex Baulf, VP of E-Invoicing at Avalara, to discuss the growing trend of electronic invoicing and how it is reshaping businesses globally.
Alex shares valuable insights into the current and future state of E-Invoicing across Europe, the US, and beyond, offering CFOs and finance leaders essential advice on how to prepare for upcoming changes.
Key points covered in this episode:
- What is E-Invoicing, and why is it gaining traction globally?
- Differences between the US and other countries, and the efforts of the Digital Business Network Alliance (DBNA).
- Why tax authorities are pushing for E-Invoicing to close the VAT gap and improve tax collection.
- How E-Invoicing can lead to faster payments, reduce costs, and streamline operations.
- What CFOs need to consider now, as the UK prepares to follow the global trend of E-Invoicing mandates.
- How finance teams can get ready for E-Invoicing by assessing their data, technology, and compliance strategies.
Links mentioned:
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