Electronic Invoicing Is the Modern Way to Do Invoices

In the same way as email revolutionized the way how we communicate, e-invoices can provide significant benefits for many types of businesses.

electronic-einvoiceOne similarity of electronic invoicing compared with emails would be that both make use of the Internet.

In the case of E-invoices, a business owner is able to and to receive invoices instantly and without delay.

As a result, businesses can save tremendous amount of time, money on postage and manpower.

However, the speed of electronic invoicing is not its only benefit.

The ability to be able to do the entire invoice Prices from one, central place by using a mobile phone or notebook adds significant mobility. Gone are the times where businesses had to operate an office solely for the purpose of doing their invoicing and related paperwork. With electronic invoicing, all related tasks can be achieved within minutes from your mobile device.

The average business today is still dealing with loads of paperwork which amounts to  increased and sometimes rather tedious work.  With e-invoices, this is a thing of the past as well. The fact that all invoicing data is available in electronic format, easily accessible from one central server makes the management and organisation of invoices a lot easier. One added bonus here is also that mistakes can be kept at a bare minimum.

If you happen to be a business owner you may want to look into electronic invoicing. Its numerous benefits, affordable costs and easiness to use make it worthwhile for virtually any type of business.

Experts Fear Quantum Computers Threaten Cyber Security

The first quantum computers won’t be that far off in the future. Cyber security experts are already worrying about their potential to make most of today’s security technologies obsolete. The US National Institute of standards and technology warned earlier this year and issued a call for help on the matter. Now, the Global Risk Institute joined them as well.

Due to the power and speed that quantum computers will bring, some experts predict a one in seven chance that current public key cryptography can possibly be broken by the year 2026. By 2001, this chance will increase by a further 50%, according to Michele Mosca, the co-founder of the University of Waterloo’s Institute for quantum computing.

“Although the quantum attacks are not happening yet, critical decisions need to be taken today in order to be able to respond to these threats in the future,” he was cited as saying.

One major difference with quantum computers is that they work in a fundamentally different way as compared to traditional computer systems. Today’s computers represent numbers simply by 0s or 1s. Quantum computing on the other hand works with atomic scale units called quantum bits or qubits. Those qubits can be zeros and ones at the same time by making use of a state that is known as superposition. The result of is superior speed and performance when it comes to complex operation. The breaking of cryptography codes would be among them.

Mosca, in a public statement: “One unintended consequence of quantum computation is