Benefits of Electronic Invoicing for Businesses

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Electronic invoicing, or e-invoicing, like the name implies, is the electronic exchange of invoice documents between a supplier and the customer. Electronic invoicing goes beyond merely sending a PDF receipt to a customer via email. A true e-invoicing solution is an integrated solution where an electronic invoice is transmitted and received seamless between the supplier's accounts receivable system and the customer's accounts payable system. E-invoicing documents are typically exchanged in EDI or XML formats.

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