E Invoicing Definition

E-invoicing, also known as electronic invoicing, is the process of issuing and managing invoices electronically. This can be done through a variety of means, including email, online billing portals, and even text messages.

The main benefit of e-invoicing is that it can save businesses time and money. With paper invoices, businesses have to spend time printing them out, stuffing envelopes, and mailing them off. This can be a real hassle, especially for businesses with a lot of customers.

E-invoicing also eliminates the need for businesses to keep track of paper invoices. With everything being stored electronically, businesses can easily search for and find invoices when they need to. This can save a lot of time and frustration when it comes to keeping track of finances.