Electronic invoicing, or e-invoicing, refers to the generation of electronic bills through a digital platform. It primarily involves purchase orders, debit and credit notes, and remittance vouchers, which can be directed through several smart devices, such as smartphones, tablets and laptops. E-invoicing can also be deployed using cloud and on-premises solutions for better accuracy, reduced delays in payments, faster invoice-processing time and transparency. It aids in tracking business transactions and minimizing overhead costs pertaining to system designing, customization, training, implementation, and maintenance.
Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/e-invoicing-market/requestsample
Market Trends
The thriving e-commerce sector, along with the widespread adoption of advanced information technology (IT) solutions across various industries, is primarily driving the market for e-invoicing. Furthermore, several key players are offering flexible e-invoicing solutions in accordance with the frequently changing operational patterns, thereby augmenting the market growth. Apart from this, the emergence of the web- and software-based invoicing solutions that can be integrated with the cloud, Internet of Things (IoT), artificial intelligence (AI) and predictive analytics tools is further bolstering the global market. Additionally, the advent of blockchain technology that provides document digitalization for efficient processing and compliance requirements is expected to propel the market for e-invoicing in the coming years.
E-Invoicing Market 2021-2026 Analysis and Segmentation:
Some of these key players include:
- Araize Inc.
- Basware Oyj (HEL: BAS1V)
- Brightpearl
- Cegedim (FCB SAS) (EPA: CGM)
- Comarch SA (WSE: CMR)
- Coupa Software Incorporated (NASDAQ: COUP)
- International Business Machines Corporation (NYSE: IBM)
- Nipendo Ltd.
- Paysimple Inc. (EverCommerce)
- SAP Ariba (SAP SE)
- The Sage Group Plc.
The report has segmented the market on the basis of channel, deployment type, application and region.
Breakup by Channel:
- B2B
- B2C
- Others
Breakup by Deployment Type:
- Cloud-based
- On-premises
Breakup by Application:
- Energy and Utilities
- FMCG
- E-Commerce
- BFSI
- Government
- Others
For more information about this report: https://www.imarcgroup.com/e-invoicing-market
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Media Contact
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: Send Email
Phone: 6317911145
Address:30 N Gould St 30 N Gould St
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.imarcgroup.com