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No business wants slow revenue collection. So why rely on slow processes?

Controlling working capital is more important than ever in today's business environment. And one area that can make or break how successful you are is in accounts receivable management. Processing paper invoices using manual production and distribution methods requires a lot of time and investment - things most businesses can't afford to expend. One solution more businesses are turning to is accounts receivable automation.

Where there's paper, there's problems

Traditional paper-based AR processing is typically made up of a series of time-consuming steps. As a result, production costs are high while visibility and process control are low. Ultimately, manual customer invoicing makes it hard for companies to streamline the cash collection cycle. Until companies utilise an accounts receivable software solution to automate mail delivery of invoices, any efficiency gains will be limited and paper will continue to slow down operations.



Invoice processing time & costs

When you add up the manual preparation for mail delivery, the cost of consumables (e.g., paper, toner, ink, etc.), and the expense of mailroom equipment, you can see how sending one invoice the conventional way can get incredibly expensive and wasteful.

Lack of invoice traceability

Ensuring that invoices are properly processed and delivered on-time to the postal service or the customer (via e-invoice) is crucial. Something as simple as lack of visibility can seriously jeopardise customer relationships and potential litigation risks.

Lengthy cash collection delays

The more time it takes to get an invoice delivered, the longer it takes your company to get paid - and longer days sales outstanding (DSO) isn't good for anyone. Essentially, your company is selling its product to customers on credit and taking longer to collect money

Non-compliance with country tax regulations

The consequences of non-compliance are not limited to legal penalties - the indirect costs to your company can often be more significant, like damaging your company's reputation or credit rating, and even lead to loss of contracts.


Smarter customer invoicing starts with accounts receivable automation.

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