While the smartphone revolutionised digital communications for consumers, many enterprises remain stuck in the old world when it comes to the everyday exchange of invoices and related documentation.
According to global industry analyst Billentis, about 550 billion invoices are exchanged annually and this number is expected to quadruple by 2035. But currently, only about 10 per cent of invoices are exchanged in a truly digital manner, with most sent as a PDF attached to an email or via snail mail.
Source Todayspaper.smedia.com.au
