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This speeds up payment disbursement and provides a clear, traceable record of transactions for dispute resolution. Digital payments: The claim processing platform is integrated with digital payment tools such as direct bank transfers or mobile payment systems.
Unlike basic digital representations, structured formats like XML allow seamless automation, boosting efficiency and compliance. This leads to more accurate transaction records, minimising disputes and chargebacks. E-invoicing is rapidly transforming financial operations by automating invoicing from generation to payment.
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