What is E-Invoicing? A Simple Guide
E-invoicing automates billing, reduces errors, and ensures regulatory compliance.
Definition
Digital invoices sent and received electronically.
Ensures fast and accurate processing.
Benefits
| Benefit | Description |
|---|---|
| Accuracy | Reduces invoice errors |
| Speed | Faster approval and payment process |
| Compliance | Ensures VAT & tax regulation adherence |
Compliance
FTA and local tax laws.
Audit-ready digital records.
Future Trends
Integration with ERP.
AI validation for automatic error detection.
