With thousands of suppliers to pay every month, Woolworths group set out to enable faster payment of suppliers but also found significant efficiencies for its own operations and teams.
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Seeing the benefits of eInvoicing for businesses, Xero was one of the first accounting software providers to offer eInvoicing capability to its customers – and is now using eInvoicing to streamline Xero’s own finance operations.
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No more headaches chasing up clients about confusing invoices. That’s what bookkeeper and tax agent Stella Vockins most enjoys about using eInvoicing for her Manawatu business Count Me In Ltd.
With more and more large businesses ready to send eInvoices to their business customers, the benefits for small businesses on the receiving end are about to accelerate.
As a small business owner, Brenda Ratcliff is putting her best foot forward to adopt and realise the benefits of new technology to streamline her business processes.
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eInvoicing is the digital exchange of invoice information directly between buyers’ and suppliers’ financial systems, even if these systems are different. It improves accuracy and security, reduces processing time, and speeds up payments.
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