Avalara Analyst Day Virtual slide image

Avalara Analyst Day Virtual

What is e-invoicing? E-invoice Components commonly include Digital ingest Formatting E-signature Supplier G Buyer Encryption Delivery network Web portal Archiving Tax authority may dictate format and other requirements Real-time processing of an e-compliance function For government: anti-fraud > Audit model: Post-transaction reporting, can be near real time or on-demand Examples: France, Germany, UK › Clearance model: Pre-approval: Also known as Continuous Transaction Control (CTC) Examples: Italy, Turkey, Brazil For businesses: efficiency › Paper invoices are 30-50x as expensive as automated e-invoicing AVALARA ANALYST DAY VIRTUAL | 29
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