Standardized invoicing

April 7, 2022

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Q. A challenge for U.S. financial operations is that the United States has no standards for how suppliers should submit invoices,  An organization called “The Business Payments Coalition” (https://businesspaymentscoalition.org) is currently working to establish invoice standardization. This would facilitate straight-through electronic invoice processing and provide alternatives to paper invoices and check payments. What are your thoughts about standardized electronic invoices? Would it make…

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