In many countries, this transformation is supported and even enforced. The digitalization of financial processes is an important step in preventing the informal economy. It is also a system that increases the efficiency of companies and saves many aspects.
One of the most popular products of e-Transformation, e-Invoice is widely used in European, Asian and even African countries. The fact that the private sector is more decisive in the United States limits the influence of the state on the development of e-Invoice. However, e-Invoice is widely used in Latin American countries. Especially countries like Brazil and Mexico have increased the use of e-Invoices in order to prevent tax evasion.
E-Transformation is also very common in Europe. The most prominent countries are the Scandinavian countries and the UK. However, it can be said that e-Transformation is widely used in Germany, Italy, Netherlands, Sweden, Belgium and Spain. However, e-Transformation is mostly used in Asian countries. In Asia, South Korea, Singapore and Hong Kong are very advanced in e-Transformation. An other Asian countries also e-Transformation in Turkey, both public and private institutions is expanding with each passing day.