The benefits of electronic invoicing from AP’s perspective are clear: less manual data entry, fewer errors, faster payments—to name a few. The benefits are also clear to your mirror-image counterparts at your vendors—the accounts receivable folks. The AR people know that e-invoicing benefits their organization by eliminating all associated mailing costs (paper, postage, clerical time, etc.), gives them greater visibility into billing, and can help improve their DSO (Days Sales Outstanding), which is the flip-side of the DPO (Days Payables Outstanding) metric.
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