Electronic Invoicing

Electronic invoicing (e-invoicing) is the process of sending and receiving invoices digitally instead of paper. It uses electronic formats, such as PDFs or specialized systems, to streamline billing between businesses. E-invoicing reduces manual work, speeds up payment processes, minimizes errors, and enhances record keeping. It often involves secure transmission over the internet and can integrate with accounting software, making financial management more efficient. Overall, e-invoicing modernizes billing, improves accuracy, and accelerates cash flow for businesses.