Electronic Invoicing and Payment Processing Data Standards Fms Treas Form

Instructions and help about Electronic Invoicing And Payment Processing Data Standards Fms Treas

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 sup