Is the concept of businesses electronically communicating information that was traditionally communicated on paper, such as purchase orders and invoices.

E-invoice is sent electronically via the Internet and can be integrated into the organization, supplier, and/or customer's accounts payable system.

Refers to the integrated management of the core business process, usually in real-time and handled via updated technologies and software. The technologies provide financial intelligence, analytics, and visibility. ERP systems track business resources - cash, raw materials, production capacity - and the status of business commitments: orders, purchase orders, and payroll.

The process of settling goods receipt automatically. The Vendor Invoices are posted automatically (without actually receiving from the vendor) in the system based on the information in the purchase order and goods receipt.

A system deployed by a business to process, pay, and audit employee-initiated expenses.