Electronic Invoicing
Electronic Invoicing (e-invoicing) is a digital method for creating, sending, receiving, and processing invoices between businesses and government entities. It replaces paper-based or PDF invoices with structured data formats that can be automatically processed by accounting and ERP systems. This technology enables real-time validation, reduces manual errors, and improves compliance with tax regulations.
Developers should learn e-invoicing when building or integrating financial, accounting, or supply chain systems that require automated invoice processing, especially in regions with mandatory e-invoicing regulations like the EU, Latin America, or parts of Asia. It's crucial for applications handling B2B transactions, tax reporting, or digital transformation projects in finance, as it reduces costs, speeds up payments, and ensures legal compliance through standards like PEPPOL, UBL, or local formats.