Invoice

An invoice is a document issued by a business to request payment for goods or services rendered. It contains critical details such as the total amount due, payment terms, a description of goods or services, and any applicable taxes. In accounts receivable (AR) management, invoices serve as the foundation for payment tracking and collections.

Efficient invoice management ensures timely payments and reduces overdue accounts. Automating the creation and distribution of invoices with AI-powered solutions helps businesses reduce errors and improve the accuracy of billing.

By optimizing the invoicing process, businesses can accelerate their cash flow, reduce DSO (Days Sales Outstanding), and improve financial liquidity. In addition, automated invoicing systems provide real-time tracking, helping businesses stay on top of payments and customer accounts.