![]() ![]() The e-billing process also encompasses some degree of pricing and credit setting, which can be manually set for each customer or determined by rules-based automation. How The E-Billing Process WorksĮ-billing is the process by which electronic bills are generated and delivered to customers, reminders sent and payments collected. In a B2B context, e-billing concerns the delivery of electronic invoices which have specific details such as payment timeframe, tax information, PO number and itemised deliverables. Visually, this can mirror a traditional paper bill layout, or leverage online capabilities – such as a direct link to bill payment, FAQs or associated resources.Īlternatively, e-bills can be delivered as machine-readable data such as EDI or XML format documents to facilitate automatic processing and payment by accounts receivable software. What an E-Bill looks likeĪn e-bill or e-invoice is simply an electronic version of a traditional bill or invoice. Increasingly, aspects of this paperless process are automated to improve speed and accuracy, including follow-up actions where bill pay timeframes go beyond terms. ![]() ![]() The e-billing process is managed by the accounts receivable department, taking output from accounting software or ERP systems and delivering this to customers. This process enables customers to receive bills via email, web portal or even in machine-readable data formats, facilitating more efficient delivery and payment. What Is E-Billing?Įlectronic billing or e-billing is the process by which bills are sent and paid electronically. E-bills can even link directly to FAQs or payment processing, to speed up bill payments. It’s time to move away from paper bills, which require printing and delivery by post, and embrace e-billing to achieve more efficient and effective delivery. Electronic bills and invoices are ubiquitous now, and for good reason. ![]()
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