Accounts payable automation 1/5: What is an e-Invoice?

What is an e-invoice

Do you recognize this?

  • Your supplier prepares billing data digitally in his ERP
  • Then a human readable PDF is sent out, all intelligence being lost
  • As a buyer, you first digitize the PDF, to enable for back-office processing

An e-invoice is an end-to-end digital transaction where  supplier data is processed by the buyer. This avoids re-keying or ‘ reverse engineering’ and promotes efficiency.