Overview

Contracts

Types of e-Invoicing Systems

April 12, 2024

Types of e-Invoicing Systems

When it comes to e-invoicing systems, there are two main categories that every business or entity might consider:

Electronic Data Interchange (EDI)

This is the most common type of e-Invoicing, representing a direct connection between the buyer and the seller. This means that the transfer of information is made through a standardized format in a pre-defined XML data file. This is particularly common in business-to-business (B2B) transactions with large volumes of data.

Network Between Buyers and Sellers

This approach is made through a centralized and unified platform that links numerous buyers and sellers. This interconnected system allows each new adopter to contribute to the increased influence and utility of the established exchange standard. 

This network model for e-invoicing allows parties to create, send, receive, and process invoices within the same platform. This scalability benefits individuals and businesses of all sizes, from small startups to large corporations.

Subject

Types of e-Invoicing SystemsElectronic Data Interchange (EDI)Network Between Buyers and Sellers
Contract Wiki

Here is everything to know about contracts! We specially crafted a wiki dedicated to all your needs.

Whether you're a seasoned legal professional, a business owner, or an aspiring entrepreneur, our wiki serves as your trusted guide, offering valuable information to help you understand, create, and execute contracts with precision and integrity.

Contracts

From contracts to invoices, to contacts, notes and projects, we developed

Business Clauses

From contracts to invoices, to contacts, notes and projects, we developed

eInvoices

From contracts to invoices, to contacts, notes and projects, we developed

eSignatures

From contracts to invoices, to contacts, notes and projects, we developed
Explore Wiki
Frequently Asked Questions

Do you have a question?

Whether you're a seasoned legal professional, a business owner, or an aspiring entrepreneur, our wiki serves as your trusted guide
01

Why do I need a contract management platform?

A contract management platform is your best friend in growing your business. It helps you save money, time, and so much stress by eliminating repetitive tasks. This is where we at DocStrat come in! 

So, now, you have access to a complete all-in-one business management platform that is your solution for every legal, administrative, customer relations, and sales task. From contracts and invoice automation to an excellent CRM system to task management and calendar, you can manage and maintain all your business in one place. 

No more chaos. No more manual work. No more time spent juggling multiple tools and systems. We want to help you do it faster and better! And that’s why we have a platform for everything you need for your business.

02

Who can use a contract management platform?

The best thing about this is that everyone can use it. Whether you’re a freelancer, a small startup, or even an enterprise, a contract management system will 100% benefit you and your business. It ensures that you can increase your productivity and achieve your goals much faster than before. Now, you can focus on what truly matters – the success of your business. 

03

Do I need a team license?

It only depends on how you want to work and how large your team or company is. You can have a solo license, a team license for five users, and even an enterprise license for more than ten users. 

If you’re a solo freelancer, you can opt for the Basic package, and if you’re a small company with just one delegated person, the Standard package might be a suitable option. However, if you’re a company with multiple teams, you might want to consider a Team or Enterprise license.

04

How do I purchase a license for my entire team?

Depending on your team’s size and needs, you can purchase a license that can be shared and used by everyone on your team: Team Licence – for teams of up to 5 users, and Enterprise license – for large teams with 10+ users.

05

Can I upgrade my license?

Yes, absolutely! Contact us, and we’ll simply deduct the amount you paid for the actual package with the price for the license you want, and you’re good to go! You can immediately use the upgraded version of the platform. 

See more
Explore Wiki

Launching a New Era of
Dynamic Solutions

Whether you're a seasoned legal professional, a business owner, or an aspiring entrepreneur, our wiki serves as your trusted guide, offering valuable information to help you understand, create, and execute contracts with precision and integrity.
Contract Wiki