What is E-invoicing Software?
An e-invoicing software automates the process of managing teh electronic invoicing and accounting which is generated by sellers system, online bank, etc. The software helps in downloading teh e-invoice file provided by the e-invoicing operator, it is used widely by the industries and many small-medium enterprises across the world. As the software eliminates the sending paper invoices work and saves cost, the e-invoice is available in teh structured data form.
The market study is broken down, by Application (Small-medium Enterprise and Large Enterprise) and major geographies with country level break-up.
FreshBooks (Canada), Sage Group plc (United Kingdom), Zoho Corporation (India), Intuit Inc. (United States), Priority Software Ltd. (Acclivity) (United States), Brightpearl (United Kingdom), FinancialForce (United States), Coupa Software (United States) and Sovos Compliance, LLC. (United States) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global E-invoicing Software market by Type, Application and Region.
On the basis of geography, the market of E-invoicing Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Device, the sub-segment i.e. PC will boost the E-invoicing Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. Cloud-Based will boost the E-invoicing Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Features, the sub-segment i.e. AP Process Automation will boost the E-invoicing Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
On 202th May 2020, Sovos Acquires Taxweb, Extends Tax Determination Capabilities in World’s Most Challenging Compliance Landscape. Earlier this month Sovos announced its second acquisition of 2020, completing our solution for Brazil with an unparalleled offering that solves tax compliance in the place where it is most challenging to do so. Too many companies doing business in Brazil have been burdened by managing multiple point solutions for continuous transaction controls (CTCs), tax determination, and tax reporting.
- Increasing Consumption of E-invoicing Software in the Small-medium Enterprise for the Proper Operation
- Demand for Automation in Accounting and Payment Cycles
- Increasing Online Transaction and other Financial Operation
- Need for Enhancing Compliances, Preventing Errors, Losses and Frauds in the Accounting
- Emerging Big Data Analytics Technology will Boost the E-invoicing Software
- Regulatory Push Towards Electronic Invoicing
- Data Thefts Related Risks with E-invoicing Software
- Technical glitches and Upgradation Issues Associated with E-invoicing Software
Key Target AudienceE-invoicing Software Developers, E-invoicing Software Industry Association, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About ApproachDuring this study the evaluation and validation of the market size is done through various sources including primary and secondary analysis. AMA Research & Media follows industrial and regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
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