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Electronic Invoicing (E-Invoicing) Explained

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Electronic invoicing, or einvoicing, is the process of creating and sending digital invoices in a structured format that enables automated invoice processing. And since einvoicing can be integrated with accounting software or an enterprise resource planning (ERP) system, the process can be fully automated. Thus, the benefits of einvoicing include reduced manual steps, fewer errors, faster invoice processing and improved cash flow.

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