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E-Invoicing Solutions

oboloo Glossary

E-Invoicing Solutions

E-Invoicing Solutions, also known as Electronic Invoicing, is the official business definition for the process of electronically generating, sending, receiving, and managing invoices. This process is typically conducted via a specialized software, which automates and streamlines the entire process for both the sender and recipient. The main benefit of E-Invoicing Solutions is that it reduces time spent on manual tasks, such as printing, scanning and filing documents, by enabling the invoices to be sent and received electronically. This also eliminates the need for manual data entry and any potential inaccuracies associated with this, resulting in increased efficiency and accuracy. Furthermore, E-Invoicing Solutions is great for the environment, by eliminating the need for printing paper invoices for each customer. This reduces the cost of waste and disposal, and also reduces the use of non-renewable resources

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