Electronic Billing
Electronic Billing is a digital method of sending and receiving invoices and payment requests. Instead of using paper bills, businesses and consumers can use email or online platforms to manage their billing processes. This method is often faster and more efficient, reducing the need for physical storage and mailing costs.
With Electronic Billing, users can easily track their payments and due dates through digital records. Many companies offer automated reminders and online payment options, making it convenient for customers to settle their bills promptly. This system also helps reduce errors associated with manual billing processes.