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An eInvoice, short for electronic invoice, is a digital document issued, transmitted, and received in a structured data format. Unlike PDFs or scanned paper invoices, eInvoices can be automatically processed by both the sender’s and recipient’s systems without manual intervention.
This makes e invoicing a key component of digital transformation in finance. In the European Union, e invoicing EU regulations have accelerated adoption, requiring structured formats and secure channels for B2B and B2G transactions.
The e invoicing process is typically as follows:
Creation
The supplier generates the invoice using eInvoicing software or ERP.
Validation
The system checks for mandatory fields, format and tax compliance.
Transmission
The invoice is sent through a secure eInvoice network or PEPPOL.
Reception
The buyer’s system receives the eInvoice and begins automated processing.
Archiving
The invoice is stored digitally in accordance with legal requirements.
This structured, secure, and trackable flow makes e invoicing EU compliant and highly efficient.