E-Invoicing Market Analysis, Opportunities and Forecast Report till 2027 | Basware,Cegedim SA,Comarch SA,Coupa Software Inc.

Electronic invoicing, also known as e-Invoicing, is the interchange of the invoice document between the buyer and the supplier in the integrated automated format. E-invoices include purchase orders, debit notes, remittance slips, credit notes, and payment terms & instructions. Conventionally, invoicing, was a heavily paper-based method that is manually exhaustive and also prone to human error causing in increased cost for the companies. The e-invoicing market growth is highly reliant on the growth of overall adoption of paperless invoicing model across the globe.

Key Players:

1. Basware
2. Cegedim SA
3. Comarch SA
4. Coupa Software Inc.
5. International Business Machines Corp.
6. Nipendo Ltd.
7. SAP SE
8. The Sage Group Plc
9. Tradeshift
10. Transcepta LLC

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The major factors that are boosting the growth of the E-invoicing market are the rapid growth in the globalization and the increasing demand for internet-based centralized systems for invoicing/billing in organizations such as BFSI, IT, and retail companies. In addition, to promote digital transactions and rise the penetration of banking services, governments are significantly investing in financial institutions to encourage them for extending their mobile banking services in the rural areas, which in turn is anticipated to provide significant growth opportunities for the E-invoicing market growth in the coming years.

The global E-invoicing market is segmented on the basis of deployment model and end-user. Based on deployment model, the market is segmented as cloud and on-premise. Based on end-user, the E-invoicing market is divided into B2B, B2C, Others.

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The report analyzes factors affecting E-invoicing market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for the E-invoicing market for each region.

Major highlights of the report:

• An all-inclusive evaluation of the parent market
• The evolution of significant market aspects
• Industry-wide investigation of market segments
• Assessment of the market value and volume in the past, present, and forecast years
• Market share evaluation
• Study of niche industrial sectors
• Tactical approaches of the market leaders
• Lucrative strategies to help companies strengthen their position in the market.

Sameer Joshi
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This release was published on openPR.