E-invoicing is often the first step into the rewarding world of EDI, as not everyone is ready to introduce a fully integrated supply chain system from the word go. Those taking this preliminary step most commonly start with EDI invoicing, which is the invoice document exchange, from supplier to customer, in an electronic format.
Electronic invoicing (e-invoicing) refers to exchanging a traditional paper invoice, between supplier and buyer, but in an electronic format, to streamline existing and manually intensive invoicing processes. As a result, the streamlined approach has benefits for each side of the supply chain. For example, for buyers, e-invoicing can enhance and optimise community management. For suppliers, payments are processed and received quicker, which can improve cash management and customer relationships.
The benefits of E-invoicing
By utilising First B2B's advanced cloud technology, your company can be sending and receiving electronic invoices with your trading partners, within three weeks. The EDI Invoicing solution from First B2B offers quick, easy, and efficient access to e-invoicing. As it is highly effective in minimising human error, accelerating payments, and condensing processing lifecycles for companies, it can be a valuable business tool for your company.
The First B2B Team will collaborate with you throughout the integration to maximise your business's benefit. We work closely with every one of your clients to ensure that the EDI solution that we provide works as hard as possible for your business, with the only cost being a one-off all-inclusive fee.
If you wish to receive orders electronically in addition to issuing electronic invoices, our Procure to Pay solution should be a key consideration for your business.
We work with many major businesses within the food and beverage sector, including: