Electronic Invoicing (E-Invoicing) Explained
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Electronic invoicing, or e-invoicing, is the process of creating and sending digital invoices in a structured format that enables automated invoice processing. And since e-invoicing can be integrated with accounting software or an enterprise resource planning (ERP) system, the process can be fully automated. Thus, the benefits of e-invoicing include reduced manual steps, fewer errors, faster invoice processing and improved cash flow.
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