What is an invoice: a brief history of the invoice

June 26, 2018 Matt Vermeulen

What is an invoice, anyway? Simply put: it’s just an itemized list of goods shipped specifying the price and terms of sale. But it’s also a necessary artifact to organize and keep track of goods bought and sold. Maybe you sell aluminum to NASA since they need aluminum to fly into space, and you need a record of your transactions. Naturally, you use invoices: maybe they’re digital, maybe they’re paper. And because every company uses invoices, we can measure global trade and make sense of trends in commerce. Since our human penchant is to keep records, we can track the history of invoicing to the beginning of written language itself. Over the course of time, the way we’ve kept track of transactions has changed, reflecting the culture and technology of the era. From notches in a bone to EDI and beyond, we’re celebrating the past, present, and future of invoices.

About the Author

Matt Vermeulen

Matt Vermeulen writes about B2B commerce for Tradeshift. Whether he's writing about Accounts Payable best practices or debunking AI myths, Matt enjoys making complex topics easy to understand and fun to read.

Follow on Linkedin More Content by Matt Vermeulen
Previous Article
6 key takeaways from the Tradeshift Innovation Summit
6 key takeaways from the Tradeshift Innovation Summit

Editor’s note: This is a guest blog post by Adam Cleveland, Tradeshift’s VP of Demand Generation. Two weeks...

Next Article
Hey accounts payable: the future is now
Hey accounts payable: the future is now

Technology like artificial intelligence, robotic process automation, blockchain, and machine learning are e...

×

Subscribe to our blog to know when shift happens

Thank you!
Error - something went wrong!