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"They said they have this huge problem around invoicing.
Not only would e-invoicing save huge amounts of taxpayers' money, it would, if implemented properly, stimulate the almost instantaneous emergence of online services for e-invoicing and the adoption of electronic open standards.
The market for KickPay is already huge, with $300 billion in invoices bought each year through a terrible interface full of contracts and paperwork.
The scope of the problem came to Kaul's attention after he took another startup idea he was working on to show to a restaurant — and they redirected his attention to the "huge problem" they had dealing with paper invoices.
As with his Western counterparts, the big money is now in huge rolls of one-time carbon paper for purchase orders and invoices.
Indian conglomerate the Adani Group is expecting a legal decision in the "near future" in connection with allegations it inflated invoices for an electricity project in India to shift huge sums of money into offshore bank accounts.
Many businesses have clients that they invoice regularly and the ability to automatically send those on a recurring basis is a huge luxury.
Executives spend huge sums of money on consultants, but money doesn't equal commitment if you have a big enough budget, invoices just don't hurt.
For example, if invoicing, vendor agreements, and bills are the biggest demand, hiring an accountant could give you a huge chunk of your day back.
Factored invoices usually feature 90-day terms at most, so that you will not end up with a huge accumulated interest payment.
Or an invoice.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com