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Electronic Invoice Approval

oboloo Glossary

Electronic Invoice Approval

Electronic Invoice Approval is a business process which allows companies to streamline the invoicing process. It automates the tedious task of manual invoice review, authorisation and payment, ensuring that everyone involved in the transaction is on the same page throughout the entire process. The main benefit of Electronic Invoice Approval is increased efficiency – with automation, businesses can respond more quickly to customer requests, reducing the turnaround time from weeks or days to mere hours. With faster approval times and improved accuracy, Electronic Invoice Approval offers huge returns for businesses of all sizes.

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