By taking advantage of electronic invoicing systems, businesses can save a lot of time and work a lot more efficiently. E-Invoicing makes it possible that otherwise necessary steps in the invoicing chain such as the mailroom, printing and sorting can be skipped altogether.
Not only will it save considerable time when there are no conventional processes such as mailing involved in invoicing, it can in fact save more than two thirds of operating costs, depending on the type of business.
With electronic invoicing a supplier can invoice their clients so that the entire process from creating the invoice until the client received and processed it will only take minutes. The traditional invoicing approach would normally require days.
The supplier who wants to take advantage of electronic invoicing is not required to change any existing processes since modern e-invoicing works with existing resources. Creating an e-invoice today is as easy as that an invoice in digital PDF format is emailed to a cloud-based electronic invoicing service . The invoicing service will then take care of the rest.
For the modern business this means that electronic invoicing reduces time, effort and cost. It is furthermore the best option for those companies who want to do something for the environment since electronic invoicing helps to reduce the carbon footprint as well.
The difference between electronic invoicing and conventional invoicing is similar to using email over postal mail. Using e-invoicing has significant advantages that go beyond cost savings for almost any type of business.