invoice software

Invoice Software Helps Brands Get Paid Faster

Invoice software can help brands get paid faster. Signing up a new client and getting the initial order is an exciting time for a brand. The challenge often starts soon after as you try and get your retail partner to pay on-time. I know this is not always the case, but it can be a significant issue for growing brands. Often the larger the retailer the longer it takes to get paid. Doing a better job on invoicing keeps your days sales outstanding lower and helps with your cash flow. Here are some things to look for in invoice software to help get paid faster.
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OnePosting Accounting Automation Software Services Streamlines Retail Operations

TORONTO, May 31, 2017 — Enterprise Ireland, the Irish government agency for the promotion of international trade by Irish companies, today hosted the visit by Irish Minister of State, Seán Canney T.D. to its exhibition at the Store 2017 conference showcasing Irish retail technology companies.

OnePosting is an Irish company providing comprehensive accounts receivable and accounts payable automation software that integrates with a retailer’s existing ERP and accounting software. It streamlines processes, improves accuracy, reduces data entry and provides greater visibility into the enterprise. Over 50,000 members are using the OnePosting service across 29 countries.
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time spent debt collecting

16% of Time Spent Debt Collecting

Those who don’t work in Credit Management have the perception that the credit control team spends all of its time chasing debt. However, this is not borne out by the results of the information gathered as part of the Credit Management Benchmark.

One Credit Manager interviewed during the process said that management in her company expects her team to be on the telephone calling customers from first thing in the morning to last thing in the evening and would be shocked if they discovered that so little time was actually spent chasing monies due.
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