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Nearly a quarter of businesses report that their average billing and receivables costs have increased over the past two years.

Unsettled invoices and problems with cash collection undermine any goal to improve cash flow and the longer debt is owed, the more aged debt piles up and profit is compromised.

Having the right invoice collection solution in place will help you to remove manual processes, mitigate disputes and rejections, and improve cash flow by reducing your aged debt and DSO.

Download Getting invoice collection right to discover the right invoice collection process for you, and benefit from:

The ability to take proactive and preventative action on outstanding invoices for improved cash flow Improved efficiency and reduced need for costly legal proceedings

 

Greater visibility through the entire collections process for managing aged debt more effectively

Reduce risk via improved customer collaboration and satisfaction.

Why it matters?

More than half (52%) of Britain's small and medium-sized enterprises are owed in total an estimated £44.6 billion in late payments, with almost half of those subject to payment delays of up to three months.

 Source: Zurich SME Risk Index 2017

Can you afford to leave your payment security to chance?

Bottomline’s best-in-class ePay Encryption secure payment software helps your business combat fraud and errors. Download the guide to learn how ePay Encryption can help your business.

ePay Encryption Secure Payment Software

Explore the guide
BT documentation & messaging 39

Why Your Invoice Collection Process is Costing You Money

Learn how to win the war against aged debt: Read the practical brief, which examines the challenges of invoice collections and what to do about them.

White paper
BT security fraud & risk 156

Invoice Collection: 5 Steps to Processing Invoices Right

To prevent time and resources being wasted on the chasing of suppliers and resolving disputes, become an invoice collection hero using the 5 simple steps to effective invoice collection infographic.

Infographic

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