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The 1970s saw the IBM 3800 Laser Printer making high-volume invoice printing easier. In the 1990s, web applications emerged, allowing companies to upload, approve, and track invoices electronically. Today, eInvoicing is widely used, with 73% of businesses adopting it according to the 2012 Global E-Invoicing Study.
Electronic invoicing (also called e-invoicing or einvoicing) is a form of electronic billing.E-invoicing includes a number of different technologies and entry options and is usually used as an umbrella term to describe any method by which a document is electronically presented from one party to another, either for payment or to present and monitor transactional documents between trade partners ...
Overview. Accounts receivable represents money owed by entities to the firm on the sale of products or services on credit. In most business entities, accounts receivable is typically executed by generating an invoice and either mailing or electronically delivering it to the customer, who, in turn, must pay it within an established timeframe, called credit terms [citation needed] or payment terms.
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Invoice2go is a mobile and web app designed as a simple invoicing, expense-tracking, and reporting tool for micro and small business owners. Headed by Silicon Valley veterans CEO Mark Lenhard [citation needed] and CFO Sean Deorsey, this software processes $24 billion in transactions each year and is used by over 220,000 customers in more than 160 countries.
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