![]() If you have one process that is fully documented and transparent that you can show to an auditor, that makes audits faster, easier, and less costly. You may be able to get discounts if you can pay suppliers immediately - which you can only do when you get the invoices immediately and when they are backed by a purchase order. If you have visibility into your cash position and don't have to borrow to pay suppliers, you have negotiating power. E-invoicing software solutions, like CloudOffix Invoicing Cloud, will revolutionize the way businesses create, send, and receive electronic invoices. What is e-invoicing As the name suggests, e-invoicing refers to the electronic transmission of digital invoices and related documents (e.g., credit notes, payment terms, and purchase orders). ![]() That's a lot of cost taken out of the process, and skilled people can move on to more strategic projects. eInvoicing is the direct exchange of data between any 2 accounting systems, that makes doing business smoother, faster and safer. E-invoicing can reduce that to a matter of days while offering a higher degree of accuracy. In a paper-based process, closing the books typically takes about three to four months. EleVia Software offers a solution to automate and streamline invoicing for architecture, engineering, and construction projects. There is visibility into every single individual transaction in the company from the moment of creation to the moment it has been closed. At the heart of the business case for e-invoicing is the ability to establish one controlled audit trail from the point where the buyer raises the requisition to accounts payable (AP), approving and paying it. Our e-invoicing application enables you to send and/or receive your invoices electronically. There are many reasons a business would want to invest in an e-invoicing solution. Easy Exchange offers you access tot the PEPPOL network.
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