E-invoicing Is Not a Trend. Statistics Prove That.
From cutting costs by up to 80% to speeding up payments and boosting revenue, this blog breaks down why e-invoicing is becoming essential for businesses that want to scale smart.
Businesses don’t adopt e-invoicing just to follow regulations. They do it to cut costs, boost revenue, and stay competitive. In this blog, we break down why e-invoicing is no longer optional, and what your business stands to gain by moving early:
How Much Can You Actually Save?
Switching to e-invoicing saves companies between 60–80% on processing costs. It’s a full system upgrade. Manual tasks disappear. PDF clutter is gone. Data entry errors drop. And all the hours wasted chasing down approvals or payments? Done.
When you scale that across thousands or even hundreds of thousands of invoices per year, the savings compound fast.
What’s Pushing the Global E-invoicing Boom?
The shift to e-invoicing is no longer about “innovation.” It’s compliance-driven. Over 80 countries have mandated or are in the process of mandating e-invoicing. This includes large economies like Italy, France, Germany, India, Saudi Arabia, and growing adoption across Latin America, APAC, and Africa.
What’s happening is simple: governments want transparency and automation, and they’re forcing the digital transition. Whether it’s Peppol, local tax networks, or real-time reporting, your invoicing process has to catch up, or get blocked.
Can E-invoicing Speed Up Payments?
Yes, it already does.
65% of companies report faster payment cycles with e-invoicing. Why? Because it removes human lag. Invoices are sent instantly. Payment links are embedded. Validation is automated. Reminders can be scheduled. No more waiting for a paper invoice to land on someone’s desk or for a PDF to get lost in spam.
Is There Proof That It Increases Revenue?
According to the European Commission, the answer is yes.
SMEs that adopted e-invoicing grew revenue 25% faster on average compared to non-digital peers. That’s not just because of cost savings, it’s because:
Automation clears the bottlenecks and revenue flows smoother.
How Big Is the E-invoicing Market?
This is not a niche industry any more.
In 2024, the global e-invoicing market was worth $15.9 billion. By 2033, it’s projected to hit $68.7 billion, growing at a 16.8% CAGR.
In 2024 alone, there were 560 billion invoices issued globally. Out of those, 125 billion (roughly 22%) were processed electronically.
The gap is closing fast, and every year that number shifts further toward 100%.
Where Is This All Going, and How Can You Stay Ahead?
The future is clear: more mandates, more automation, and more pressure to digitize. Waiting means:
Start Offering E-invoicing in a Week
At Space Invoices, we help platforms, SaaS companies, fintechs, and marketplaces integrate global e-invoicing compliance in under a week. Whether you want to automate your own or offer invoicing as a paid feature to clients, we’ve got you covered.
Ready to save costs and grow faster?
Talk to us. We’re here to help.
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