eInvoicing is the digital exchange of invoice information directly between buyers’ and suppliers’ financial systems, even if these systems are different. It improves accuracy and security, reduces processing time, and speeds up payments.

The Ministry of Business, Innovation & Employment (MBIE) recently commissioned research with Kantar Public. The findings show accountants and bookkeepers are the ‘go to’ for businesses who want to learn more about eInvoicing.

With more and more large businesses ready to send eInvoices to their business customers, the benefits for small businesses on the receiving end are about to accelerate.

All organisations, regardless of size, are susceptible to invoice fraud. There are potentially devastating impacts to your bottom line, cash flow and reputation. So, it’s not surprising that security is one of the biggest drawcards of eInvoicing.