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, datadriven 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.
