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Home Business

E-Billing – What Is Electronic Billing?

by Ethan
October 24, 2021
in Business
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E-Billing
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Digitalization has turned over a new leaf with how we go about our everyday lives. Everything from work to leisure has gone digital and rightfully so – it’s easier, faster and way better for the environment. Going paperless is good for your pocket, your conscience, and your planet. Definitely worth the switch but it’s not like you have to make an effort. 

You have to make even less of an effort while making this huge change. Seems Like a paradox: a small step having a huge impact. Thirty years ago it might have sounded too good to be true but today you know it’s not only true but not that big of a deal anymore. 

One thing that has personally given us anxiety all my life is handling transactions: paying bills, doing taxes, keeping track of receipts and the likes. The fact that we don’t know when or if we will make a mistake makes us want to pull our hair out. We don’t fret over it anymore because we can just choose e-invoicing and since services like easyap are software created for this singular purpose, the accuracy is absolute 100%.

Table of Contents

  • What is Electronic Invoicing?
  • What are the advantages that an E-Invoice has over an analogue one?
    • Accuracy
    • Efficiency
    • Cost-Effective
    • Safer 
    • Environment friendly
  • The Takeaway

What is Electronic Invoicing?

The answer to this question is simple, it’s invoicing but electronic. Just like instead of writing on paper you type things on a keyboard and read it from a screen, like this article, for example, is on a screen rather than on the glossy pages of a magazine. Now onto how it works, services like easyap use dedicated software that is integrated to process transactions and create electronic invoices, amongst other functions. 

Online invoice portals offer you the option to do all transaction-related tasks in one place.  Outsourcing agencies at your service but the third-party service here is fully automated with a much reasonable price point. 

What are the advantages that an E-Invoice has over an analogue one?

Accuracy

Integrated software specially designed to run multiple e-invoices through an online invoice portal serves the purpose of making every calculation digitally and running them over and over again to make sure there are no errors, none at all. The chances of software provided by electronic invoicing services like easyap overlooking errors are similar to that of two plus two equals one – zero. Removing the element of human error makes the invoices foolproof.

Efficiency

Even if the last seven generations of your family were accountants, you would not stand a chance against something like easyap. You have to admit that electronic invoicing can do the assigned tasks in an exponentially smaller time frame. This expands the productivity ratio and takes the quality of work done up by several notches.

Cost-Effective

Going paperless saves you huge bucks. Not just the paper, other stationery supplies are required in much smaller amounts. And compared to that, easyap has per task pricing available with no hidden costs – what you see is what you get.

Safer 

Online invoicing portals are secured with multiple safety measures and passwords. Not to mention accessing them from a device you probably take everywhere with you (phone, laptop, tablet, etc) make it an infallible method of handling money. 

Any money related documents or transaction slips on paper are prone to fraudulent activities. It’s like leaving the door to your safe open. Do not be naive when you can easily safeguard your precious income by using easyap that ensures complete privacy of your data. 

Environment friendly

No matter what your favourite politician says, climate change is real. It’s real and happening very fast. Sustainable alternatives are not only wanted but needed. Making the switch from paper to digital methods is a responsibility all businesses must take on. 

The smallest of transactions require a separate invoice. Wasting that much paper is blatantly ignorant and unnecessary when it can be easily avoided. It is time for us to stop being fools. 

The Takeaway

No matter where you live electronic invoicing is an available option unless you live in Narnia, then we guess it is justified to not perform transactions electronically. But everywhere else e-invoices are the obvious choice. Soon it might be the online method with online invoice portals as the sole place to make payments. 

Technological advancements were made for making life easier so embracing them seems logical. Meanwhile, if you’re still sticking to analogue methods it might cost you more than just some extra expenses.

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