Simply E- Invoice with PDF e-Invoice Receiving! Your Suppliers Send PDF Invoices – We Give You 100% Data!
If your email inbox is overflowing with PDF Supplier Invoices that require printing out or manually keying-in to your ERP or Finance System, then ivi will automatically convert the document into an e-Invoice structure (without the use of Optical Character Recognition (OCR)) and capture the 100% data for you, using the patented ivi e-Invoicing Solution Artificial Intelligence (AI) and Machine Learning technology.
The amount of paper waste generated by businesses is staggering. In fact, according to the Environmental Protection Agency (EPA), paper waste accounts for more than 25% of landfill waste and 33% of municipal waste. This is not only harmful to the environment, but it also impacts on a company’s bottom line. One way to reduce paper waste and save money is by implementing PDF E-invoicing with IVI.
PDF E-invoicing is a digital invoicing solution that allows businesses to send and receive electronic invoices in PDF format. This eliminates the need for paper invoices, reducing paper usage and waste. Here are some statistics about paper waste and the benefits of PDF E-invoicing with IVI.
Get ready to be shocked!
– The average office worker uses approximately 10,000 sheets of paper per year.
– Paper waste costs businesses approximately $80 per employee per year.
– The average document is copied 19 times.
– Almost 50% of all business waste is paper.
– It takes approximately 24 trees to make one ton of paper.
Benefits of PDF E-invoicing with IVI
- Reduced Paper Usage: PDF E-invoicing eliminates the need for paper invoices, reducing paper usage and waste. This can help businesses save money on paper and printing costs.
- Increased Efficiency: PDF E-invoicing allows businesses to send and receive invoices quickly and easily. This can help improve cash flow and reduce the time and effort spent on manual invoice processing.
- Improved Accuracy: PDF E-invoicing eliminates the risk of manual data entry errors, ensuring that invoices are accurate and consistent. This can help improve the overall quality of financial data and reduce the risk of errors and discrepancies.
- Enhanced Security: PDF E-invoicing provides a secure and encrypted method of invoicing, reducing the risk of fraud and identity theft. This can help businesses protect sensitive financial data and maintain compliance with industry regulations.
- Environmentally Friendly: PDF E-invoicing reduces paper waste and helps businesses reduce their carbon footprint. This can help businesses demonstrate their commitment to sustainability and social responsibility.
In conclusion, PDF E-invoicing with IVI is an effective solution for reducing paper waste and improving financial efficiency. By implementing this digital invoicing solution, businesses can save money, increase efficiency, improve accuracy, enhance security, and demonstrate their commitment to sustainability.