Why is E-Invoicing software so much important?

Looking at the global acceptance and implementation of the e invoicing system, India too has entered the league of advanced countries, by implementing this tech-intensive process nationwide in a phased manner w.e.f. October 1, 2020.

The below points demonstrate the importance of TYASuite e-Invoicing software for all businesses belonging to different segments.

1. Increased transparency: E-Invoicing facilitates keeping a record for each transaction and track them properly, making every transaction transparent. With transparency coming into accountability facilitates to achieve safe and secure financial transactions.

2. Helps in real-time tracking of invoices: E-Invoicing helps to track every invoice in real-time. Using this e invoicing gst, you can easily know when an invoice has been sent, viewed, and paid. It also makes you sure that the invoice has been sent and received successfully.