E-Invoicing is the process of invoicing for goods/services electronically

E-Invoicing or E-Billing

e-Invoicing is the next big evolutionary step in electronic commerce. Invoicing is defined as a written demand for payment in response to supply of goods and/or services. Whether you offer credit facilities or CWO will effect at which point in the purchasing process you invoice, but you will invoice at some point. GENActive can make this a very simple and efficient process.

E-Invoicing is already commonplace in e-commerce, but more and more corporations are taking up the challenge and moving away from paper billing. This is simply because electronic invoicing is quicker, simpler, far cheaper, and more reliable than paper invoicing. GENActive provides both e-invoicing/e-billing systems and comprehensive e-payment facilities thus taking care of the whole billing and payment process.

e-Invoicing will produce an invoice from you and deliver that to your customer via electronic means if possible, or via legacy means (paper and post) if not. GENActive will automatically process reminders and demands for payment and once payment is received, GENActive will process that payment and despatch all applicable documentation.

GENActive gives all customers the ability to go online and check the status of their order, whether the payment has been processed, whether the goods have been despatch or services provided, and so on. This is a major selling point of electronic invoicing and supply management.

GENActive can further process debt management automatically once invoices remain unpaid on credit accounts by collating all the information and passing it to debt recover specialists for attention.

GENActive records and makes available to all users, detailed credit performance information of its customers, thus providing you with all the information you need to make sensible credit decisions in the future.

GENActive WILL save you money on your invoicing and billing activities.

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