Invoice Management is the process of handling and organizing invoices, which are documents that request payment for goods or services provided. This process includes creating, sending, tracking, and storing invoices to ensure timely payments and accurate financial records. Effective Invoice Management helps businesses maintain cash flow, reduce errors, and improve relationships with clients and suppliers. By using software tools or systems, companies can automate many aspects of invoice processing, making it easier to manage large volumes of invoices efficiently and accurately.