Disruptions in Air Travel make it the right time to consider Electronic Invoicing
Dublin, Ireland, 19th April 2010
The travel disruptions caused by volcanic ash is causing further delays for businesses using the postal service to
send invoices and receive payments.
In the wake of the Icelandic volcanic ash cloud, the closure of major airports throughout Europe over the last four
days is starting to hit businesses who rely on international postal services for invoice payments. Freight flights
have been grounded, causing disruptions for international postal and courier operators.
This is cause for concern for companies that are already battling against extended invoice payments and longer
debtor days. Even without taking the travel disruptions into account, late payments and credit delays remain an
extremely serious issue for SMEs in Ireland, with companies waiting 76 days for payment on average.1
For the thousands of businesses that exchange invoices via OnePosting, a leading provider of integrated online
invoicing solutions, the travel disruptions will not cause an issue. Suppliers submit invoices 24x7, knowing that they
will be delivered to their customers in seconds, regardless of their location. Also, electronic invoices are tracked,
so “missing invoice” syndrome does not apply. Customers are automatically notified by email or SMS text to
let them know that there is activity on their account, such as a statement to view or an invoice to pay.
“The air chaos caused by the volcanic ash is another example of delays caused by sending invoices by post.
Electronic Invoicing is neither effected by natural phenomena, such as the volcanic plume nor industrial action such
as postal strikes,” says Gregory Duffy, CEO of OnePosting. “E-invoicing is free to install and simple to
use. Once companies move their invoicing process online, they immediately eradicate postal delays and turnaround
invoices faster, while radically decreasing their billing costs. It's an all win scenario.”
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About OnePosting™
OnePosting is an electronic invoicing solution that provides a secure means for sending, receiving, storing and retrieving invoices, credit notes,
statements and PODs (Proof of Delivery e.g. delivery dockets). OnePosting has more than 3000 registered businesses worldwide. Customers include Ballygowan,
Glenpatrick, Publicity Mailing and Waveform Solutions. OnePosting is the proprietary software of Sentrio Technologies Limited.
For further information on OnePosting, please visit OnePosting's Electronic Invoicing Homepage . For further corporate, product and service information on Sentrio Technologies,
please visit: www.sentrio.com.
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For more information contact:
Finbarr McCarthy, OnePosting (a product of Sentrio Technologies Limited)
Tel: +353 (0)1 5143585, finbarr.mccarthy@sentrio.com