You don't have to be chained to your office chair to send invoices, which is godsend for those business owners who travel a lot. You can create invoicing from any place in the world with the internet access. Everything is available online, and thus accessible from anywhere by the click of a button. Online invoicing is fast: delivering invoices is rapid, and so is the response! Sluggish invoicing can cost any business a great deal _ using online invoicing eliminates that! No more postal delays and waiting to be paid for your hard work! If a client "forgets" to pay in an allotted time, he will be sent a courteous reminder automatically by your invoicing software.
Just about any company that generates commercial invoices can take advantage of invoice factoring. But is invoice factoring right for your business? It could be if your business is struggling to make ends meet because of long billing cycles, you're wasting time collecting down payments from slow paying clients, you're unable to take advantage of business opportunities due to lack of funds, or your business isn't financially strong enough to obtain traditional bank financing.
The decision was made to automate the invoice processing; to streamline the department and ultimately to be benchmarked as an exemplary AP process. The search began to find a solution that could meet their needs: integrate tightly with their ERP solution, be sufficiently flexible to mirror their processes and be easy for the AP team to use. "We chose to go with our final supplier because we felt they took the time to really investigate our process, work with us to design the most efficient system and were able to prove the seamless integration with our ERP system and had a very effective workflow solution."