Glossary
Digital invoice
A digital invoice is an electronic version of a traditional paper invoice, sent to customers through various digital means. It serves as a request for payment for goods or services provided, detailing the amounts due and payment terms. Digital invoices are a cornerstone of modern business practices, especially in e-commerce and service industries where transactions are often conducted remotely.
Digital invoicing is part of a broader move towards digital transformation in business operations, providing a faster, more secure, and cost-effective alternative to paper-based processes. It facilitates better cash flow management and enhances customer relationships through timely and professional billing communications.