eInvoicing Strategy for SAP Business Network- Partner Session

The global e-invoicing landscape is undergoing a fundamental shift brought about by the introduction of government mandates across the globe. The introduction of government mandated e-invoicing regulations presents significant challenges for businesses. These regulations, aimed at increasing tax compliance and improving efficiency in financial reporting, require organizations to adopt new systems and workflows for invoice generation, submission, receipt and storage. 

The Challenge for Businesses

Companies operating across multiple jurisdictions face additional complexity, as regulatory requirements vary by country, necessitating customized solutions to address diverse formats, standards, and timelines. Businesses must navigate these challenges while ensuring their operations remain efficient, cost-effective, and aligned with local and international regulatory standards.

SAP Business Network e-Invoice Strategy

Beyond regulatory consistency, SAP Business Network aims to enhance business-to-business collaboration, transforming how organizations work with trading partners and tax authorities across the globe.

In this session the presenters will: 

• Explore the rise of the tax mandates and the significant challenges they pose to companies and customers.
• Outline the major shifts SAP is addressing with the strategy update and discuss planned innovations.
• Emphasize the resulting customer benefits

• The reasons why eInvoicing mandates are introduced
• The challenges companies are facing due to the mandates
• The major shifts of the SAP Business Network invoice strategy
• The key capabilities of planned innovations