The official business definition of E-Invoices is the electronic exchange of invoices between buyers and suppliers. This method of invoice exchange eliminates the need for paper invoices, as the electronic invoices are sent and received through an online network. The advantages of E-Invoices are many and include cost savings, improved accuracy, improved speed of payment and a reduction in the duplication of data entry. Payments are made faster and with less effort, as the invoice data is automatically recorded and stored in the network, eliminating the need for manual input. E-Invoices also have improved accuracy over paper invoices, as they are sent and received in a digital format, which eliminates the potential for human error. Additionally, E-Invoices provide increased efficiency, as they are sent and received quickly and can be edited or updated at any time. This makes it