It is safe to say that there are many myths regarding e-Invoicing solutions. Many companies believe they are using e-Invoicing when, in fact, they are simply just sending PDF invoices by email. Effectively, this simply automates the postal service and is not e-Invoicing.
In this article, we dispel 5 commonly held myths about e-Invoicing solutions.
Continue reading 5 Myths of e-Invoicing Solutions
Trying to determine the true cost of customer invoice processing is actually much more difficult than you might think. This is due to the fact that most of us don’t consider all of the related costs. The majority of estimates simply add some basic indirect costs onto the obvious direct costs. However, there are many more factors at play when calculating the true cost of the customer invoicing process.
Continue reading The True Cost of Customer Invoice Processing
DSO or Days Sales Outstanding, is the length of time it takes customers to pay their invoices. Most organisations that extend credit to their customers strive to keep their DSO as low as possible.
Here are 8 steps to help reduce DSO based on experience across multiple countries and based on discussions with other experts in the field.
Continue reading 8 Steps to Reduce DSO