Author's Posts

E-Invoicing: Fulfilling the Promise of Collaboration

Posted by: Noel Billing | April 23, 2012

Everything about e-invoicing is compelling. Companies don’t just save money on printing and postage; they also profit from the benefits of automating the processes for all invoice-related tasks. Benefits include error reduction, improved compliance and controls, better visibility of liabilities, and better understanding and control of expenditures. Case studies from Gartner and the Aberdeen Group indicate that companies adopting e-invoicing can reduce accounts payable processing costs and processing time by more than half while reducing errors.