E-invoicing

E-invoicing, or electronic invoicing, is the digital process of sending and receiving invoices between businesses. Instead of paper documents, invoices are created, transmitted, and stored electronically in a standardized format. This system streamlines financial workflows, reduces errors, accelerates payments, and ensures compliance with tax regulations. E-invoicing enables real-time validation and easy tracking of transactions, making accounting more efficient. It is widely adopted in global commerce to improve transparency, security, and overall financial management for organizations of all sizes.