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E-Invoicing: A Solution To Reduce Payment Times And Optimise Cash Flow

Late payments weigh on companies’ cash flow and impact their working capital requirements. In France, they are responsible for a quarter of all business failures. Electronic invoicing makes it possible to accelerate invoice processing and, consequently, to reduce payment times. It also responds to the need to optimise the financial management of businesses, especially of customer and supplier items, in order to better forecast and anticipate cash flows.

Source Basware

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