Electronic billing reduces the risk of billing errors and exceptions by digitizing accounting data and assigning it to contracts, orders, service stations and merchandise inputs. If electronic invoices are transferred via a digital business network and programmed with associated document data and business rules, they can be automatically validated before booking. And because digital information is more easily displayed in all systems than paper on a desktop, electronic billing facilitates the fact that an electronic invoice can be defined as structured billing data that is issued in EDI (Electronic Data Interchange) or XML formats and can use internet-based web forms. [3] These documents can be exchanged in different ways, including EDI, XML or CSV files. [4] They can be downloaded via emails, virtual printers, web applications or FTP sites. The company can use imaging software to collect data from PDF or paper invoices and enter it into their billing system. This streamlines the registration process and has a positive impact on sustainable development efforts. Some companies have their own internal e-accounting; However, many companies use a third-party company to implement and support e-invoicing processes and to archive data on their own servers. [5] The diversity of formats and delivery channels complicates the use of electronic invoices. To simplify this, a file extension. INV could be used at this point.

INV files are easy to open in the accounting software. This. The INV file may be available in standard XML format. An application to sign the contract must be made if you wish to include additional conditions in the agreement or have a common right of representation. The contract for sending an electronic invoice can be signed on the internet by a member of the board of directors who has the right to sign contracts or who has the exclusive right of representation in the register of commerce. An electronic invoice is an electronic document that complies with the Estonian electronic billing standard and is created, transmitted and stored in an electronic environment, making it machine-readable. Customers can easily pay the electronic invoice sent to their Internet bank with a pre-filled payment order. For the possibility of automatic payment of invoices, the customer must enter into a permanent electronic billing order contract on the basis of which transfers will be made by the bank for future electronic invoices. Electronic billing (also known as e-billing) is a form of electronic billing. Electronic billing methods are used by business partners such as customers and their suppliers to provide and control transaction documents between them and to ensure that the terms of their trade agreements are met. These documents include invoices, orders, debit slips, credits, payment terms, payment instructions and transfer documents. When invoices are digitized and transactions are made through a network of digital businesses, the lender`s resources can be unlocked to focus on more strategic activities that streamline and simplify processes.

Processing PDF invoices, non-PO invoices and invoices for complex services can be automated and contactless.