The e-Invoicing landscape has been changing rapidly in recent years. The global market is booming with e-Invoicing solutions. In the European Union the main factor that enables fast-paced development in this area is the EU VAT Directive reform. It introduced the definition of the electronic invoice and creation of the cornerstone e-Invoice rules, i.e. authenticity of origin, integrity of content and legibility of the invoice.
| Product | Market Share (%) |
|---|---|
| SNI e-Invoicing | 2.3% |
| SAP Ariba Invoice Management | 15.2% |
| OpenText Trading Grid e-Invoicing | 13.6% |
| Other | 68.9% |
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