A considerable proportion of any business’s cashflow is tied up in the late payment of invoices.
So, why are invoices paid late? Over 50% of businesses experiencing delayed payments have identified invoicing inaccuracies and complexities as being responsible for delays.
As a result, more and more businesses are investing in e-invoicing and e-billing to reduce costs and improve their cashflow
What are the benefits for finance professionals?
Download this infographic to identify the problems within business invoicing and learn how you can maintain a healthier cashflow.
- Improved accuracy: Data driven invoices remove risk of human error
- Reduced overheads: No need to maintain equipment or use print and post services
- Faster payments: Lower days sales outstanding (DSO)
- Competitive edge: Cut time spent on chasing outstanding invoices