eInvoicing

eInvoicing, short for electronic invoicing, is a revolutionary method that transforms traditional invoicing processes into a seamless digital experience. In this system, suppliers issue and transmit invoices electronically, while buyers receive, process, and store these invoices digitally.

Structured invoice data is presented in Electronic Data Interchange (EDI) or XML formats, sometimes utilizing web-based forms on the internet. This digital invoicing approach enhances accuracy, reduces manual processing time, and contributes to a more efficient financial workflow for both suppliers and buyers.

Learn more about Ivalua's e-Invoicing & Accounts Payable Solutions.