Towards an API Marketplace for an e-Invoicing Ecosystem

Conference paper

Manchanda, Chinmay, Hussain, Walayat, Rabhi, Latif and Rabhi, Fethi A.. (2023). Towards an API Marketplace for an e-Invoicing Ecosystem. 11th International Workshop, FinanceCom 2022. Twente, The Netherlands 23 - 24 Aug 2022 Switzerland: Springer. pp. 82 https://doi.org/10.1007/978-3-031-31671-5
AuthorsManchanda, Chinmay, Hussain, Walayat, Rabhi, Latif and Rabhi, Fethi A.
TypeConference paper
Abstract

Driven by a large number of very diverse and fast-evolving regulations, the adoption of e-invoicing is creating many challenges for solution providers, such as dealing with compliance requirements, cross-border issues, heterogeneity of standards and constant changes. Existing solutions do not represent a cost-effective and vendor-independent alternative to existing legacy systems, ERPs and databases. The proposed solution is based on leveraging cloud computing concepts, Software-as-a-Service concept, API economy, and Business Process Modelling (BPM) concepts. It allows solution providers to choose SaaS components and customise their offerings according to customers needs. Given an ecosystem of APIs available via a marketplace, it becomes possible to rapidly compose and build new applications via BPM technologies. The paper describes an implementation of this concept realised using several e-invoicing APIs being composed using the WASP workflow system. Some preliminary results regarding the feasibility of the proposed approach in a simple buyer-seller scenario are discussed.

Keywordssoftware-as-service; e-invoicing; cloud computing; APIs; business process modelling; regulation; WASP workflow
Year01 Jan 2023
PublisherSpringer
Digital Object Identifier (DOI)https://doi.org/10.1007/978-3-031-31671-5
Web address (URL)https://link.springer.com/chapter/10.1007/978-3-031-31671-5_6
Open accessPublished as non-open access
Research or scholarlyResearch
Publisher's version
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All rights reserved
File Access Level
Controlled
Book titleEnterprise Applications, Markets and Services in the Finance Industry
Page range82
96
Book editorHillegersberg, Jos van
Osterrieder, Jörg
Rabhi. Fethi
Abhishta, Abhishta
Marisetty, Vijay
Huang, Xiaohong
ISBN978-3-031-31670-8
Web address (URL) of conference proceedingshttps://link.springer.com/book/10.1007/978-3-031-31671-5#bibliographic-information
Output statusPublished
Publication dates
Online30 Apr 2023
Publication process dates
Deposited26 Jul 2024
Additional information

© 2023 The Author(s), under exclusive license to Springer Nature Switzerland AG

Place of publicationSwitzerland
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