What is eInvoicing?
Electronic Invoicing, or eInvoicing, is the secure, digital exchange of financial information between buyers’ and suppliers’ systems, bypassing the traditional methods of sending paper invoices or emailing PDFs. The process is more efficient and offers numerous advantages for businesses of all sizes.
Business benefits:
1. Streamlined operations
eInvoicing eliminates the need for manual data entry, reducing the chances of errors and saving precious time. With invoices directly integrated into your financial systems, you can streamline operations and focus on what matters – growing your business.
2. Improved cash flow and faster payments
eInvoicing accelerates payment processes, leading to improved cash flow for your business. Say goodbye to waiting weeks for payments and welcome a quicker, more predictable cash inflow.
3. Cost savings
You can significantly reduce administrative tasks and associated costs by automating invoicing processes. With eInvoicing, you’ll notice decreased time and resources spent on manual invoice handling.
4. Enhanced security
Traditional invoicing methods, such as paper invoices and emailed PDFs, can be susceptible to security breaches. eInvoicing offers a secure platform for exchanging financial information and protecting your business from potential fraud or data breaches.
Benefits calculator
Use this calculator, provided by eInvoicing.govt.nz, to learn about the financial benefits eInvoicing can provide for your business.
Try the calculator
Getting your business set up
If you’re interested in implementing eInvoicing into your business but need help figuring out where to start, get in touch, and we’ll guide you through the process.
eInvoicing isn’t just a technological trend – it’s a strategic move that can revolutionise your business. By embracing eInvoicing, you’re enhancing efficiency, reducing costs and future-proofing your business in an increasingly digital landscape. Leap into the world of eInvoicing and position your business for sustained success.