InvoiceNow is a way for a business to send a standardised digital e-invoice to another business via a secure network.
Today, an invoice would typically be a hardcopy document or a PDF file sent to the recipient's organisation by postal service or email. The recipient will then have to re-enter the details of the invoice into his/her own accounting system. Similarly, you may be receiving many e-invoices in the form of PDFs and require someone to manually input the invoice details or scan the pages of your invoices into the system. These manual interventions and transactions are time consuming and prone to errors.
Unlike sending a physical document or a PDF file, an InvoiceNow invoice is sent automatically to the buyer's InvoiceNow approved system via a secure network. There's no manual work needed.