Thomson Reuters, the global content and technology company, has launched ONESOURCE E-Invoicing, a centralized platform designed to simplify electronic invoicing compliance for multinational businesses.
ONESOURCE E-Invoicing is introduced in response to the growing need for global businesses to adhere to e-invoicing regulations mandated worldwide. The platform streamlines the management of e-invoicing compliance, offering a single access point and pre-built integrations with common enterprise resource planning (ERP) systems. In collaboration with Pagero, it helps customers achieve comprehensive e-invoicing compliance while minimizing costs and efforts. This solution combines global tax compliance and e-invoicing capabilities within a unified platform.
The introduction of ONESOURCE E-Invoicing comes at a time when over 80 countries have implemented e-invoicing or continuous transaction control requirements. This number is expected to significantly increase by 2025 as governments worldwide prioritize tax reform and real-time reporting.
ONESOURCE E-Invoicing provides several advantages to customers handling e-invoicing mandates, including centralized control, cost reduction, simplified data management, and time savings.
With the addition of E-Invoicing, Thomson Reuters now offers a comprehensive solution for indirect tax compliance, covering tax determination, e-invoicing, and compliance filing.
By FCCT Editorial Team
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