Discover the Electronic Invoice Format for Product Management

Electronic invoice format for Product Management

what is electronic invoicing or e-invoicing  e-invoicing is the process of sending a digital   invoice containing billing information that's  presented in a structured format and transmitted   electronically from supplier to customer the  traditional approach to invoicing requires   employees to create invoices by hand print them  stuff them into envelopes and then mail them to   customers it's a time-consuming and costly process  that's prone to errors e-invoicing solves these   problems by digitalizing the process creating and  sending digital invoices in a structured format   that automates invoicing and thus eliminates the  manual work in a structured e-invoice all data   is communicated in a computer readable format  and processed automatically using Technologies   like XML or Json and since e-invoicing can  be integrated with accounting software or or   Erp many or even all steps of the invoicing  process can be automated this benefits both   the supplier and the customer by automatically  generating e-invoices from sales transactions   without requiring additional data entry using the  information in a customer order that's been marked   as complete and because the invoice is delivered  in a standardized format any compatible business   application can read them and the customer can  then easily use their own automated process to   more quickly and easily pay the bill by automating  the invoicing process e-invoicing reduces time   spent on manual tasks boosts operating efficiency  minimizes errors and improves cash flow hey did you like what you learned don't forget to   check out this link or this video  and make sure you subscribe now