Legal electronic billing in the European market is a nascent but quickly emerging solution area. An increasingly favorable regulatory environment and the alignment of local tax rules across EU and non-EU jurisdictions are enabling companies and their law firms to finally pursue broad, programmatic e-Billing. As the impediments to legal e-Billing have been largely ameliorated, a vast opportunity now exists for European corporate law departments to pursue the benefits of automated spend management.
In this Hyperion TrendView™ we review the European regulatory environment for electronic invoicing from the perspective of legal e-Billing solutions. Next, we identify the special Key Solution Components expected of solutions able to address the needs of European e-Billing. Finally, we conclude with a set Guiding Principles for clients to consider as they develop their spend management programs.
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