What is an electronic billing?

Electronic billing concerns the practice of sending an invoice by e -mail instead of sending a paper invoice or account to the mail. Businesses often provide their customers with an invoice or invoice by electronically or regular mail. Electronic invoicing offers advantages and disadvantages both to businesses that use this billing method and their customers. It saves a company that sends paper and ink invoices to create invoices and envelopes and postage to send them. Electronic billing usually uses billing software that sends invoices as planned, so it also saves the employee's time. When business reduces the cost of using electronic invoices, they can hand over some of these costs to their customers at the price of products or services of the company.

accepting an electronic invoice is also much more comfortable to pay for customers. Some companies contain a link directly to an electronic invoice that allows the customer to pay directly from the e -mail. Other companies haveAgreements with banks offering their banking customers. The electronic invoice is a reminder of the customer's bank account and then the customer can plan to pay through his online account with his bank.

Electronic invoices and electronic payments save money and customer time. It's faster and cheaper than when he had to write a check and pay mail for mail. This also reduces paper waste and mess at home, because the statement usually stores an online company.

For business using electronic invoices, this also means that they receive payment much faster. Usually, when an electronic invoice is sent and the customer makes an electronicully payment, it provides immediate acceptance of the company's money.

While electronic billing has many advantages for companies and customers, it has some disadvantages. Some customers have problems receiving electronic invoices due to spam filters E -mAil's internet service providers (ISP). If the customer does not receive an electronic invoice, he may forget to pay the account and this may state late fees and fees in motion.

Security is another problem that customers can worry about using electronic billing. As long as the company uses a secure server to send an invoice and accept electronic payments, it is safe to receive invoices and make payments online.