E-invoicing Market | Easy Accessibility of Mobile Payment Systems to Boost the Market Growth

The e-invoice market size is poised to grow by USD 6.93 billion during 2020-2024, progressing at a CAGR of over 19% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201013005954/en/

Technavio has announced its latest market research report titled Global E-invoicing Market 2020-2024 (Graphic: Business Wire)

The convenience and easy accessibility of mobile payment systems are driving the adoption of e-invoicing solutions. Mobile-based platforms and applications have simplified banking, commercial transactions, and billing payments. Physical transactions such as closing and opening an account, fund transfers, deposits, and withdrawals are becoming digital and easy through mobile-based applications being provided by BFSI organizations. Moreover, to promote digital transactions and increase the penetration of banking services across the country, governments are significantly investing in financial institutions to encourage them to extend their mobile banking services in rural areas. Such initiatives from government and private organizations are promoting the use of mobile-based payment systems, thereby driving the growth in the global e-invoice market.

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Report Highlights:

  • The major e-invoice market growth came from the B2B segment. Rapid growth in globalization and the growing demand for internet-based centralized systems for billing/invoicing in organizations such as IT, banking, financial services and insurance (BFSI), and retail companies are driving the growth of the market by the B2B segment.

  • Europe was the largest e-invoicing market in 2019, and the region

Buzzsprout Launches Transcript Distribution Toolset to Improve Podcast Accessibility And SEO

The innovative podcast hosting platform released a full podcast transcription workflow, enabling podcasters to boost organic discovery and improving the accessibility of podcasts to the hearing impaired

Today, Buzzsprout, one of the world’s largest podcast hosting platforms, announced the launch of a new feature set that allows podcasters to easily distribute their own episode transcripts to listeners.

This toolset is a huge step forward in improving the accessibility of podcasts for the hearing impaired, as well as enhancing the end listener’s experience by allowing them to read along while listening. Additionally, transcription is critical to search engine optimization (SEO) and can boost podcasters’ ability to get discovered and grow their audiences.

“We love podcasts and are in a good position to provide solutions to some of the growing pains this industry is facing,” said Kevin Finn, Co-Founder of Buzzsprout. “Discoverability and accessibility are at the top of our list. It’s been encouraging to see app developers share our enthusiasm for this solution.”

Podcast Addict, a very popular podcast listening app on Android, is the first to integrate Buzzsprout’s new transcript distribution toolset into its app, providing its listeners with synchronized captions and a way to view the entire transcript from within the app. Buzzsprout is working closely with others in the industry and expects to announce additional integrations in the coming weeks and months.

“I’m thrilled to bring transcripts to Podcast Addict listeners. A big thanks to Buzzsprout for adding this in their feeds and for providing the implementation specs. This will benefit both listeners and podcasters,” said Xavier Guillemane, Developer of Podcasts Addict. “When people see this, they are going to want it available everywhere.”

The launch of this transcription toolset is a culmination of years of work. Buzzsprout is currently distributing over 46,000 transcripts with hundreds more published

Twitter will add transcriptions for voice tweets to promote accessibility

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Twitter is working on adding transcriptions to voice tweets.


Angela Lang/CNET

Twitter said it’s working on adding transcriptions to voice tweets in order to make the feature, which it began testing in the summer, more accessible. This comes after many criticized the social media platform for not taking all users’ needs into consideration before the release.

“We’re rolling out voice Tweets to more of you on iOS so we can keep learning about how people use audio,” the company said in a tweet on Tuesday. “Since introducing the feature in June, we’ve taken your feedback seriously and are working to have transcription available to make voice Tweets more accessible.”

When Twitter first rolled out voice tweets, many took to the platform to voice their concerns about the company not making the feature accessible to people with disabilities.

“We’re sorry about testing voice Tweets without support for people who are visually impaired, deaf, or hard of hearing,” the company tweeted in June. “It was a miss to introduce this experiment without this support. Accessibility should not be an afterthought.” 

At the time, Twitter added it had “fixed several issues related to vision accessibility, including making voice Tweets identifiable on the timeline and making accessibility improvements to the voice Tweet experience.” The company also mentioned then that it was looking into ways to support manual and auto transcriptions.

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