What are the advantages of e-invoices for businesses?

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What are the advantages of e-invoices for businesses?

E-invoice has many advantages for businesses, such as auto-reporting invoices into GST return and auto-generation of the e-way bill (where required).
E-invoicing will also facilitate standardization and inter-operability, reducing disputes among transacting parties, improving payment cycles, reducing processing costs, and greatly improving overall business efficiency.