Emerging Markets

Introduction: Seeing Opportunity in the Unseen In developing economies across Southeast Asia and Latin America, many businesses—especially SMEs—still rely heavily on paper-based workflows. According to the World Bank, over 65 million SMEs operate across these regions, and in countries like the Philippines, Vietnam, Colombia, and Peru, up to 70% of invoicing remains manual and paper-driven 12. Despite the growth of digital tools, invoice scanning, expense tracking, and compliance reporting remain highly fragmented and inefficient. ...