Benefits of E-Invoicing for Employees and Organizations

Organizations can use e-invoicing solutions and encourage their employees to submit and approve receipts using their mobile devices. Such policies would yield many benefits. Employees play various rolesin organizations which involves purchasing various goods and services. These purchases are made onsite and offsite also. Employees working in sectors such as construction and many others, offsite purchases can be a norm of everyday life. If such employees have access to elektroniskefakturaer; consequent reimbursements would be effortless. Electronic submission can help organizations maintain a digital database of all the receipts in an organized manner. Since receipts could be matched electronically, manual errors could also be eliminated.

Employees can easily submit their receipts with the help of their mobiles. According to a recent survey,85% of internet users in Norway owned a smart phone in 2015 (Emarketer, APPLE LEADS NORWAY’S SMARTPHONE AND TABLET MARKETS,2015).The high level of smart phone penetration in Norway can save time and money for many employees and organizations alike. The following is a list ofmany more benefits.

Digital

E-invoicing enables organization to digitize their transactions. Data of all transactions can then be recorded online and important information can be stored. Digitization would provide easy access to supplier contact information, rates, etc for future purchases. Since this information can be saved using cloud solutions, scanning through it and then storing it safely is also possible. Organizations can select trusted employees to provide access to digital database. Such employees can access these databases with the help of their mobiles. Smart phones would enable employees to approve receipts or send them while conveniently sitting at home.

Efficient

E-invoicing would increase efficiency of processing invoices. Employees can take pictures of various receipts while travelling, and send them to the concerned departments for reimbursements. The employees in the concerned department can see these receipts even while sitting at home and approve them through their mobiles. This process would save time for organizations. Employees can also approve reimbursements and help other employees receive reimbursements faster.

Customized

E-invoicing can be customized for suiting different organizations in separate sectors. For example, government invoices may benefit from being transparent with citizens. E-invoicing solutions can provide access to the general public through cloud services to various transactions. Such digitization would also reduce use of paper and unnecessarybureaucratic hierarchiesto add more efficiency to the public sector. Digitization of invoices can also include support for multilingual, high volume processes. This could create a smooth multi-department, multi-organization workflow ideal for public sector.

Secure

Data stored in a digital database is more secure than traditional files and other similar storage solutions. Such safe storage can save company archives, supplier records, records of transactions, etc in emergencies such as natural disasters. Such natural disasters can cause irreversible damage to a company’s headquarters. Hence, it is very important to protect valuable data by storing it digitally.

Such benefits of invoicing are not only essential to many organizations but can also be easy to obtain. Some companies can help organizations purchase various goods from a wide variety of suppliers, process payments electronically, etc in the most efficient manner possible. One company which provides such elektroniskbetaling i norge is Basware.

For every business process and aspect, there are always questions as to which functions should be conducted with premise-based solution or which ones should be outsourced.