Wolters Kluwer Tax & Accounting Spain has launched the third edition of the 2024 Advisory Barometer, a go-to resource for professional firms. This report offers a comprehensive overview of the industry, examining key trends, challenges, and the growing role of digitalization in reshaping advisory services into more consultative and strategic functions.
In his feature article, Albert Folguera, a partner at Addwill Partners, explores the adoption of electronic invoicing across Europe. He discusses the regulatory frameworks in place and their impact on professional firms, highlighting examples from countries like Italy, France, Germany, and Portugal. Folguera emphasizes how electronic invoicing is improving the efficiency and transparency of financial and accounting processes, helping to streamline operations. By automating routine tasks, advisors can now focus on providing more valuable services, like real-time data analysis and strategic advice.
Folguera also shares practical recommendations for implementing electronic invoicing, such as ensuring continuous professional training, setting up standardized processes to promote interoperability, and gradually transitioning to full digitalization. These insights are critical for SMEs and firms to adapt smoothly to the digital landscape, enhancing both their competitiveness and customer service.
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