Towards an API Marketplace for an e-Invoicing Ecosystem

Manchanda, C; Hussain, W; Rabhi, L; Rabhi, F

Towards an API Marketplace for an e-Invoicing Ecosystem

Manchanda, C Hussain, W

Rabhi, L Rabhi, F

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Publisher:: Springer Nature
Publication Type:: Chapter
Citation:: Enterprise Applications, Markets and Services in the Finance Industry, 2023, 467 LNBIP, pp. 82-96
Issue Date:: 2023-01-01

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Field	Value	Language
dc.contributor.author	Manchanda, C
dc.contributor.author	Hussain, W https://orcid.org/0000-0003-0610-4006
dc.contributor.author	Rabhi, L
dc.contributor.author	Rabhi, F
dc.date.accessioned	2023-11-14T03:15:09Z
dc.date.available	2023-11-14T03:15:09Z
dc.date.issued	2023-01-01
dc.identifier.citation	Enterprise Applications, Markets and Services in the Finance Industry, 2023, 467 LNBIP, pp. 82-96
dc.identifier.isbn	9783031316708
dc.identifier.uri	http://hdl.handle.net/10453/173391
dc.description.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.
dc.language	en
dc.publisher	Springer Nature
dc.relation.ispartof	Enterprise Applications, Markets and Services in the Finance Industry
dc.relation.ispartofseries	Lecture Notes in Business Information Processing
dc.relation.isbasedon	10.1007/978-3-031-31671-5_6
dc.rights	info:eu-repo/semantics/closedAccess
dc.title	Towards an API Marketplace for an e-Invoicing Ecosystem
dc.type	Chapter
utslib.citation.volume	467 LNBIP
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Engineering and Information Technology
pubs.organisational-group	/University of Technology Sydney/Faculty of Engineering and Information Technology/School of Computer Science
utslib.copyright.status	closed_access	*
dc.date.updated	2023-11-14T03:15:08Z
pubs.publication-status	Published
pubs.volume	467 LNBIP

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.

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http://hdl.handle.net/10453/173391