Avalara says more than 60 companies have e-invoicing mandates or have plans to require e-invoicing. It predicts the number may double by 2030. Avalara notes many countries have introduced other digital reporting requirements, including live reporting of invoice data and e-reporting of international sales and purchases. The application enables users to set up global e-invoicing capabilities in their ERP, ecommerce, or accounting systems; store, set up their credentials, and configure the app based on their reporting need; access e-invoice exchange networks and government platforms; support e-invoicing models by country or region; Monitor the status of e-invoices; and set up archiving.
Avalara E-Invoicing and Live Reporting, a compliance API for multinational businesses, has been introduced. It can be integrated into applications such as accounting, ecommerce, and ERP and is designed to meet legislative requirements globally.