Benefits of Electronic Invoicing

Tyasuiteerp19 Jul, 2021Technology

The erstwhile manual invoicing was elongated and time-consuming. And it wasn?t devoid of human errors and that is why a need arose, to electronically manage to transmitting, receiving, and processing digital transactional details between the suppliers and the buyers. E-invoicing by GST has several benefits: The first benefit is a speedier payment and an enhanced cash flow. After receiving either paper or PDF invoices from the supplier, the buyer has to do the hard work of sorting, routing, re-keying, and finally, submitting the invoices for approval.