Traditional invoicing is difficult to deal with — the process involves a lot of manual handling and re-keying of data, resulting in errors, slowing down the process, and running the risk mistakes and oversights.
Plus, the process is often lengthy and complicated — you have to create the invoice, print and post it (or email it out). The customer receives and sends it over to their accounts team. Then the invoice is downloaded, reviewed, and approved. Finally, the invoice is paid and manually archived.
It’s labour-intensive, expensive, and time-consuming (especially if you are processing multiple invoices), creating delays in payments and causing cash flow issues for organisations.
Thankfully, digital invoicing enables businesses to avoid issues like this.