With electronic invoices, data is exchanged in a predefined format between systems. When the data is complete, systems can automate the data exchange and process. It’s a great process, fully automating the receipt, recognition and verification of invoices without any inaccuracies. This is what we call e-invoicing.
So what are the benefits of e-invoicing? And what are five reasons this logical way of invoice processing is not taking organisations by storm?