Improve your company’s financial management with e-invoicing: our advice

Switching to electronic invoicing (e-invoicing) should not be seen as a regulatory constraint. While e-invoicing is indeed mandatory for public procurement and concession contracts, it deserves to be used much more widely, to reap all its benefits. If you make the right technical and practical choices, e-invoicing has every chance of helping you optimize your financial management: we explain how to go about it.

Choosing the right tools and integrating e-invoicing with your ERP

If you want e-invoicing to help improve your company’s financial health, the ideal solution is to integrate it into your management solution (ERP or other).

With a complete, well-configured e-invoicing solution injected into your IT environment, you can obtain a complete overview of your financial situation in real time.

For example, as soon as you receive a payment, it can be automatically associated with the invoice in question. In just a few clicks, you can visualize the current situation, while identifying anomalies and potential late payments.

Once you’ve customized your tools and dashboards according to your needs and objectives, your management solution provides you with a wide range of on-line financial and invoicing information. This makes it easier for you to manage your business and make informed decisions!

Boost cash flow with electronic invoicing

Easier payment

E-invoicing is a key argument for taking better care of a company’s cash flow. Firstly, dematerializing invoices tends to speed up customer payments . Because if you can generate invoices more quickly, customers will also process these invoices much more efficiently than if they had been sent by post.

With a complete e-invoicing solution, you can link the sending of each invoice to payment links. This allows your customers to pay on their own terms, and can even help build customer loyalty… Because, let’s not forget, customers don’t like long, complicated payment processes either.

360° analysis of your performance

Faster payment times are not the only argument in favor of healthier cash flow. With e-invoicing, it’s much easier to keep track of your current situation via your dashboards, to react and follow up in the event of late payment or payment anomalies, and even to anticipate your cash flow requirements.

Last but not least, the data provided by your management system, combined with an e-invoicing solution, contribute to a detailed analysis of your financial strategies. It’s then up to you to interpret the information obtained and adjust your action plans, always with a view to continuous improvement!

Simplify access to information in the event of an audit

If you use e-invoicing, you’ll find it much easier to provide the information required by the relevant authorities in the event of an inspection. Generally speaking, e-invoicing helps to optimize the management of regulatory constraints in all types of company, whatever their size or sector of activity.

Manage sales, purchasing and administrative tasks from a single interface

With comprehensive e-invoicing software, you can consolidate the management of your sales, purchasing and administrative tasks. This way, all information is accessible from the same solution, saving you both time and energy.

Of course, it’s also because you can cross-reference all this data that you can more easily get an overall view of your financial situation at any given moment, and make the appropriate decisions in good time.

Finally, e-invoicing is not just a legal obligation in some cases: it’s undeniably a way of strengthening your financial strategy, and even accelerating your development!