Digital technology is always making advances in the way we do business. Things which were cumbersome, time-consuming, and expensive are now able to be handled quickly and easily using software. One such example is e-Billing software, which can save your business time and money.
Here are a few of the benefits your business can enjoy.
1. Speed up payments
In a time when faxing or posting an invoice to a customer were the only options, you had to allow a long time between sending the invoice and receiving the payment. Your letter could be delayed, your fax could get lost, and then you would still have to wait for the customer to make time to settle the invoice. Thanks to e-Billing software, you can send invoices quickly and efficiently. Sending them electronically means your customer gets them instantly, and being able to pay online means it is much more likely that they will settle the invoice promptly.
2. Save money on mailing costs
There were several costs involved in sending out paper invoices. As well as the printing costs you also had the distribution to consider. Using e-Billing software to handle all your invoices allows you to reduce your stationery and postage costs. Of course, it is not just money that you save. Not having to print a lot of invoices, put them in envelopes, write out addresses, attach stamps, and send them off, results in a serious amount of saved time.
3. Look after the environment
It’s always good when you can combine doing something that greatly benefits your business with being more environmentally responsible. Using e-Billing software means that you do not have to print out thousands of invoices every year. Not only does that save a lot of paper, but it can also reduce the carbon footprint of your invoices by removing physical distribution.
4. Be more organised
Paper invoices have to be stored somewhere. Not only does this mean they take up space, but it also makes finding a particular invoice a bit of a headache. You have to go searching through piles, or drawers, full of paper in order to find the invoice that you want. Contrast this with e-Billing software, where all your invoices are stored on your computer and can be sorted as to whether they have been paid or not. This extra organisation benefits not just you, but your customers as well, as any potential discrepancies can be sorted out much quicker.
e-Billing software and your business
e-Billing is a fast, efficient, and cost-effective way of managing all your invoices. It makes your business more efficient by keeping it better organised and removing the need for time-consuming admin tasks. It also allows you to provide a better service to your customers, reducing the chance of lost or waylaid billing, and making it easier to look into past payments and invoices to identify any problems.
Contact Prime Document today for more information on e-Billing software for your business.