Sending an invoice in today’s world can be costly when you consider the expense of paper, postage and printing along with the possibility of lost mail. Using an electronic delivery system by “push” or “pull” will ensure delivery and provide a comprehensive view of customer payment patterns, a valuable tool previously unavailable to you. Business Invoicing by Best Practice Systems is a profitable way to empower your business.
The Simple Truth
Business invoicing costs the average company millions of dollars, according the Gartner Group. Switching to electronic
web invoicing converts those millions of dollars in cost to millions of dollars in savings that transfer right to the bottom line. The simple truth is that Electronic Invoice Presentment and Payment (EIPP) is a profit-making tool.
Decrease Your DSO
Money received quickly is valuable. Studies show that electronically sending and receiving bills and payments significantly decreases the number of days a bill remains outstanding. Sending a reminder, via email, that payment is due in ten days directly shortens the DSO cycle. In fact, 68% of customers who use EIPP and e-Bill pay early.
Cut The Paper
In our time of slow economic growth, reducing expenses is essential. Printing, paper, and postage are much easier to cut than people. EIPP and EBPP give your company the advantage of trimming operational expenses rather than losing its most valuable assets, people.
Go Green
Today green is a popular color. EIPP is as green as green can be. Web invoicing is green. Green in that you cut paper. Green in that you cut paper payments. Green in that you cut postage. Green in that you save significantly. Green is a great color.
Contact Us
Best Practice Systems B2B EIPP system is not only the most advanced electronic billing system, but is also backed by years of experience. Call us at 888-923-2455 to see just how EIPP works for you or
click here to drop us a note and we will respond right away.