The KPMG & Sovos eBook titled “What’s Going On Over There?” is essential reading for financial, tax, and IT leaders in multinational companies facing the growing complexity of global e-invoicing mandates. The document highlights how governments worldwide are moving from traditional, paper-based compliance to real-time, data-driven tax enforcement—a shift with significant operational and legal implications.
It explains why e-invoicing is not just a technical upgrade but a paradigm shift in how businesses interact with tax authorities. The guide provides a comprehensive overview of the varying regional approaches-from Latin America’s strict pre-clearance systems to Europe’s evolving VAT in the Digital Age (VIDA) reforms, and Asia’s diverse innovations. It also introduces the PEPPOL network as a promising path toward global standardization and business process optimization.
Critically, the eBook outlines why ERP systems alone aren’t equipped to manage compliance and what strategic steps organizations should take -including data quality assessments, governance structures, and integration strategies.
With steep fines, operational shutdowns, and reputational risks at stake, this guide offers clear, expert-driven insight and a roadmap to help businesses stay compliant while uncovering opportunities for efficiency and innovation.
