US Companies Struggle with Global Expansion Due to E-Invoice Compliance Gaps
Event summary
- Basware's survey of 400 US finance leaders reveals 83% face major risks due to fragmented e-invoice compliance approaches.
- Only 33% of US companies are highly effective at scaling compliance processes as they grow.
- 47% of executives report struggles with market expansion due to compliance issues.
- 25% of companies still rely on spreadsheets for compliance, while only 29% have fully embedded e-invoicing platforms.
- New e-invoicing mandates in France, Belgium, and Poland come into effect in 2026, with the UK set to announce its 2029 mandate.
The big picture
The shift towards standardized, government-connected transaction ecosystems is making compliance a strategic lever for competitive advantage. US companies lagging in digital maturity and cross-functional collaboration face significant risks, including fines, fraud, and stunted growth. As global regulations evolve, compliance is becoming a hallmark of business maturity, requiring CFOs to prioritize it to avoid long-term disadvantages.
What we're watching
- Regulatory Headwinds
- The pace at which US companies can adapt to new e-invoicing mandates in Europe and other regions will determine their ability to expand globally.
- Execution Risk
- Whether US companies can break down silos and integrate cross-functional teams to manage compliance effectively.
- Digital Maturity
- How quickly US companies can transition from spreadsheets and patchwork automation to fully embedded e-invoicing platforms.
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