oboloo Glossary

E Invoice Meaning

oboloo Glossary

E Invoice Meaning

What is an E Invoice? It’s electronic invoicing – a fast, secure, and cost-effective way to share invoice information between businesses. By exchanging invoices in digital form over the internet, rather than on paper, companies can eliminate manual processes and reduce their costs by up to 80%. Not only that, but they can benefit from faster payments and more reliable tracking of documents. So if you’re looking to save time, money, and hassle with procurement processes, e invoicing is your friend!