Electronic Data Interchange (EDI) invoicing transforms how businesses manage their invoicing processes. Although digital innovation is reshaping industries, many businesses still rely on manual invoicing methods. Consider these statistics from the Accounts Payable Metrics That Matter in 2024 report:
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Electronic Data Interchange is the secure, real-time exchange of documentation between trading partners. Using EDI for invoicing makes business sense: The highly secure, automated billing method saves time, increases accuracy and gets you paid sooner – with less effort from all involved parties.
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