Casablanca — The shift toward electronic invoicing and the digitalization of financial flows has become a major competitiveness issue for Moroccan companies, according to Rachid Saihi, Director General of the Interbank Electronic Banking Center (CMI).
Speaking Tuesday in Casablanca at the first edition of the Rendez-vous des CFO/DAF du Maroc, Saihi said the move comes as businesses face profound changes driven by digitalization, growing automation, artificial intelligence, evolving digital habits, and stricter compliance and traceability requirements.
The event was organized by CMI under the theme “E-facture, paiement digital et finance connectée,” bringing together representatives from public institutions, banks, payment institutions, accounting firms, financial departments, technology companies, software providers, and businesses involved in digital transformation projects.
Saihi said financial systems, enterprise management tools, banking platforms, and payment infrastructures are becoming increasingly interconnected. He described a future in which invoices can be issued, presented, validated, paid, reconciled, and analyzed almost instantly through highly automated processes.
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He also pointed to the strong growth of electronic payments in Morocco over the past two decades. Domestic electronic transactions represented barely MAD 1 billion in 2003. Today, that figure stands at nearly MAD 280 billion. Platforms operated by CMI now process more than 500 million transactions annually, representing over MAD 320 billion in financial flows.
El Hadi Chaibainou, Director General of the Professional Group of Banks of Morocco (GPBM), said invoice digitalization forms part of a broader digital transformation that is already reshaping the economy.
Morocco now has the Maroc Digital 2030 strategy and praised progress made in the digitalization of public services, he noted, citing initiatives led by the General Directorate of Taxes in online tax declaration, payment, and monitoring services.
The country has also accelerated preparations for the rollout of electronic invoicing. In 2026, tax authorities continued work on a nationwide e-invoicing system designed to standardize invoices, improve traceability, and facilitate real-time validation of transactions as part of broader efforts to modernize tax administration and digital governance.
According to Chaibainou, these advances result from coordinated efforts involving public institutions, private sector actors, banks, monetary authorities, and the wider financial ecosystem.
He added that digitalization is already bringing tangible benefits for both citizens and businesses through greater financial inclusion, simplified administrative procedures, and improved efficiency.
The growing use of artificial intelligence and digital technologies is also expected to strengthen the role of chief financial officers and finance directors, allowing them to focus more on strategic decision-making and business support.
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