CPX and SpendConsole Launch UAE's First Sovereign e-Invoicing Platform
CPX Holding and SpendConsole have partnered to introduce the UAE's first mandate-ready e-invoicing platform. This initiative supports compliance with forthcoming Ministry of Finance regulations, enhancing financial governance and operational efficiency for both public and private sectors.
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CPX Holding and SpendConsole have formed a strategic alliance to deploy an e-invoicing platform in the UAE, responding to new Ministry of Finance regulations set to begin voluntary adoption on July 1, 2026, moving to mandatory implementation in 2027. The platform aims to facilitate real-time financial governance and standardized digital compliance, providing organizations with an opportunity to enhance accounts payable processes and internal controls.
This solution combines SpendConsole's AI finance automation with CPX's cybersecurity measures, ensuring compliance and secure data handling. The partnership also aligns with the UAE's AI and Digital Economy Strategy, promoting tax transparency and reducing fraud risks. Notably, the platform will be hosted on CPX's Microsoft Azure tenant, ensuring robust security and scalability.
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