Do e-invoices help businesses get paid faster for work done?
Xero recently acquired an e-invoicing company with a vision that this will be one of the next big innovations for businesses.
"It also makes it easy for governments and businesses to pay invoices faster, as the process is automated and there is no need to manually enter data or chase missing information. As adoption grows around the world, e-invoicing is likely to become a best practice standard and natural part of the cloud accounting process, like bank feeds and e-tax filing."
https://www.theceomagazine.com/business/innovation-technology/xero/
What do you think? Will these make a difference? Do you use e-invoices already?