Why Automating Receivables is the Best Choice for Your Billing and Invoicing

January 13, 2023 

Are you still manually managing invoices, billing, and payments for every single client? 

All of that extra work day-in-day-out. We’re tired for you just thinking about it.

It’s exhausting managing, chasing, and processing payments. 

Your business life doesn’t have to be so hard. Say goodbye to the headache and frustration by automating payments. The only choice for your invoicing, billing, and payment processing needs. 

Payments, invoices, and billing are an essential part of any business. For small businesses, it’s absolutely crucial. 

A small business can find itself in dire straights without accurate and timely payments from customers.

As important as it is, managing billing and payments manually can be a tedious and time-consuming process.

By automating billing and payments processes, entrepreneurs can majorly impact their business’s bottom line. 

Businesses that automate their billing and payments processes save both time and money. And who doesn’t want more free time and money?

Businesses that automate their processes can increase the number of payment processes completed per month from 5,500 to 20,000. Plus, they can reduce the average time required for each process from 0.2 hours to 0. 

Added free time, combined with an average decrease in the cost per process - from $50 to $12 - can lead to a substantial increase in both efficiency and cost savings.

Automating invoice creation, issuing notifications, and tracking payments will simplify and streamline your billing. 

When automating their payment processes, business owners can eliminate the need for manual payment tracking. 

A business bonus? You can automate reminders, thank you’s, and follow-ups to clients. So you can remind clients who haven’t paid their invoices yet and thank those that have. 

It’s the perfect combination to get payments you need while delivering top-notch customer service. 

No more worrying about data entry mistakes, chasing after payments, and spending hours manually entering data. 

No more lost time and money. 

No more inaccurate calculations or missed payments.

It’s time to let automation take the hassle out of your payment process. Just sit back, relax and finally focus on what you need to focus on. 

Happy Segworking!