Three common myths about e-invoicing explained and debunked

1
COMMON MYTHS ABOUT
E-INVOICING DEBUNKED
Over the time, e-invoicing has made its mark and
the demand to use e-invoicing processes is on a
rise. However, due to the immense lack of
knowledge when it comes to e-invoicing, there are
many myths that are considered to be true, owing
to which, many businesses refrain from using
e-invoicing. Hence, here are some common myths
about e-invoicing that are believed to be true,
but actually are not
http//www.basware.se/
2
COSTLY
More often than not, companies are reluctant to
digitize their invoices as they think that the
economic costs may rise. On the other hand,
e-invoicing can actually prove to be cheaper than
paper-based invoicing as digitally sent invoices
do not require much manual labor and the cost for
paper and other stationary like ink, cartridge,
etc, is eliminated.
3
SECURITY
Many a times, businesses believe that e-invoicing
is not a safe process as most their data is on
the web. However, e-invoicing is actually
considered safer than paper billing. The
technology that the e-invoicing process uses
includes mechanisms such as e-signature or time
stamping that ensures the integrity and validity
of the document.
4
CONVENIENT
As e-invoicing is a new concept, businesses
believe that using this process might not be
convenient and may be time-consuming. However, by
opting to use e-invoicing, suppliers and buyers
can make use of a supplier or vendor portal,
which offers vendors the ability to check the
status of approval, resolve any disputes or
errors and saves time.
http//www.basware.se/paketeringar