Image-X has been providing E commerce solutions for multiple applications e.g. electronic filing, XML based mill test report etc. X invoice allows companies to create XML based invoice from invoice print spool file as well as displays the copy of the invoice as a pdf file. Invoicing and collection is a necessary evil.
Every organization has to do it for the proper functioning of any business.
Now Xinvoicing is bringing you an automation opportunity for invoicing and collection that can transform this traditional invoicing function to higher efficiency and lower cost. Let s understand the basic reasons behind the design of the traditional function. The traditional function is designed around documenting and validating each transaction so that if there is a problem in collecting an account, then the organization can legally validate a bill and take legal actions if necessary to collect the amount owing. Present invoicing process involves creating a paper invoice and mailing or faxing it to the customer. Physical document delivery is inefficient and costly.