How do electronic invoicing methods compare?
Many organisations are still burdened with manually checking and processing data from physical documents into their systems. Electronic invoicing can speed up processing while cutting down on errors, costs and even environmental impacts. But with different solutions available, it’s important to select the right one for your business to realise maximum benefit.
In this review, we outline the three main types of electronic invoicing methods and consider the strengths and challenges of each – considering the ease of installation, on-boarding rates, data accuracy, and the costs involved for your business and your suppliers.