Published at Friday, March 15th, 2019 - 02:08:12 AM. Invoice. By Nannette Bazin.
Another significant benefit of invoice factoring is the professional debt collection service provided by the factoring company. The factoring company is equipped to handle debt collections professionally and efficiently, leaving your staff to focus on core activities such as creating more sales. In addition, this will reduce your costs associated with processing invoices and handling collections costs.
An electronic invoice (also called an e-invoice or e Bill) is the result of a billing method that doesn’t require a paper copy as a backup in order to demonstrate its authenticity. For this reason, an electronic invoice functions as a software-generated file, which compiles the information related to a commercial transaction, its payment and corresponding tax obligations.
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