No, e-invoicing does not refer to invoices sent via the internet - a pdf in an email, for example.
An e-invoice is actually a data set containing all the information from the invoice being sent or received. The e-invoice network posts the data set with the sender and receiver identification numbers.
Due to these parameters, the network knows exactly
- Where it should be delivered
- As well as who the specific customer or vendor is that should be receiving it.
The delivery process is fully automated, and in many cases, it happens within a few seconds.
Depending on your business needs, you can trigger this process by simply clicking a button or fully automating it within your ERP system.
E-invoices are the modern way of sending and receiving invoices without ever touching paper or creating a PDF.
Listen to Zone & Co Product Owner in Engineering, Dennis van der Graaf, explain what e-invoices are in his own words:
Listen to the full podcast episode, How to Prepare for Electronic Invoicing (E-Invoicing), here:
Curious to know more?
