Invoices are created, printed out and mailed by postal mail. It isn’t uncommon to see that the entire process, from the creation of an invoice until it has been processed can take several days.
But the delays with the conventional invoicing process are not the only issue. It can well be that a company requires a mailroom and staff just for their invoicing process.
Conventional invoices are likewise prone to errors. Each time a paper invoice is created or received the data has to be transferred into a computer system. A small error there can at times have big consequences.
Traditional invoicing moreover makes the management of invoices rather difficult respectively very inefficient.
All the above problems that come with the traditional invoicing process are addressed and solved when you use E invoicing.
Electronic invoicing doesn’t require that you send your invoices by postal mail, rather they can be sent and received instantly in the same way as you can do with emails.
The issue of having to transfer your invoicing data into your accounting system doesn’t even come up.
What makes electronic invoicing particular interesting is that any company can easily make the switch with out major changes required. Once you have created your invoice as usual you simply email it to an electronic invoice service provider which converts the invoice for you and sends it to the recipient instantly. The recipient of the invoice can likewise instantly and automatically process the electronic invoice.
Electronic invoicing is an affordable way for businesses that want to save time and money.