Centralized control – E-invoicing compliance supported across networks and borders, managed within a single platform.ONESOURCE E-Invoicing benefits customers managing e-invoice mandates, providing: This helps them accurately and efficiently meet compliance obligations – increasing confidence and peace of mind on what can be a daunting and ongoing task.” “We’re excited to be able to support businesses in overcoming these challenges with ONESOURCE E-Invoicing. “Compliance with e-invoicing mandates is accelerating as a key priority, and historically it has not been an easy task, with regulations varying significantly across regions,” Grove added. “We’re seeing an abundance of tax reforms and greater sophistication of tax authorities worldwide, and for tax departments in multinational corporations this requires a step change in how they keep pace with new rules and regulations to mitigate risks for their business,” said Ray Grove, Head of Product, Transactional Compliance, Thomson Reuters. Today, more than 80 countries have mandated e-invoicing or continuous transaction control requirements, and this figure could potentially surge by 2025 as governments prioritize tax reform and real-time reporting. ONESOURCE E-invoicing brings together the best in global tax compliance and e-invoicing into a single solution. Additionally, a collaboration with Pagero supports customers in achieving comprehensive e-invoicing compliance that minimizes the cost and effort to comply. It offers pre-built integrations connecting financial systems, including common enterprise resource planning (ERP) systems. The new solution gives customers a single access point to manage e-invoicing compliance. This centralized platform is designed to streamline electronic invoicing management for multinational businesses who are being mandated to comply with e-invoicing regulations around the world. TORONTO, Octo– Thomson Reuters (NYSE/TSX: TRI), a global content and technology company, today announces the launch of ONESOURCE E-Invoicing.
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