![]() Apps are becoming common for every function and invoicing is no exception. ![]() Mobile Apps for E-InvoicingĪs the trend for E-Invoicing continues to rise, another trend that has ushered in is E-Invoicing becoming mobile. Moreover, most of the E-Invoicing solutions also offer SSL (Secure Sockets Layers) encryption which adds an extra layer of security to the invoices.Īlthough paper invoices still rule, more and more businesses have come to realise the benefits of E-Invoicing and have started transitioning into Automated E-Invoicing processes. With the automatic changes in errors and better protection against frauds, it offers more financial security. This can also be eliminated with e-invoices. As payments get delayed, secondary memos have to be generated with new invoices for a late payment surcharge. With faster payments, businesses can save precious time that is lost in chasing late payers through emails, phone calls, etc. It leads to faster payments which in turn improves cash flow. With automation the number of staff required to perform invoicing and billing can be significantly reduced. It simplifies the process of invoicing and requires far less resources. Automation of the process makes it more efficient. In simple terms, E-Invoicing offers automation of the billing process. It not only saves a lot of time, but also expense in terms of paper and postage. Even if there are errors, they can be rectified easily and quickly. Approvals happen faster and so do payments. In case of E-Invoicing, the invoice can be swiftly circulated among the stakeholders via email. Electronic billing makes billing convenient for all the stakeholders involved. It is a part of the electronic billing process. Simply put, an e-invoice is the electronic form of an invoice. Organizations across the world have begun adopting E-Invoicing now because of its obvious benefits. ![]() ![]() In a world where businesses are rapidly going global, E-Invoicing provides an efficient solution to several challenges ranging from taxes to compliance to late payments. ![]()
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