For businesses in the travel industry but likewise for any other type of business, the switch to electronic invoicing can provide a variety of benefits. Let’s discuss those benefits here in this article.
What is electronic invoicing?
As a business owner you will likely be familiar with your invoicing process.
Switching to e-invoicing doesn’t mean you will not have to change a lot there, in fact it will only affect how you will dispatch your invoices.
Rather than sending your invoices via regular mail you will dispatch them electronically by emailing the invoices to a special service. Practically this means that you can continue creating your invoices as usual with the exception that you won’t have to print and mail them but rather send them electronically.
The major benefit of electronic invoicing is of course that sending your invoices by email takes a lot less time as compared to mailing them. But e-invoices also mean faster processing times on the receiving end because the electronic invoice can be processed automatically by your resident as well.
The electronic invoicing therefore saves considerable work, time and paper. One could say that e-invoice is at least as effective as email. And the good thing is that electronic invoicing is really not that different as using email which I’m sure everyone of us are familiar with. One other major advantage is that you will not require any special equipment if you want to switch. You can learn more about electronic invoicing here.