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Make and collect payments using Bacs, Faster Payments, Direct Debit and Open Banking. Manage cash flow, invoices, remittances and protect your business from fraud.
E-invoicing provides unprecedented visibility into a company’s financial position and is an invaluable forecasting asset, as well as a direct influence on reducing aged debt and Days Sales Outstanding (DSO).
An e-invoicing solution leads to collaborative customer relationships, supporting timely invoice processing and giving both parties access to relevant documents, ultimately reducing the number of disputes.
With an e-invoicing solution in place, businesses can benefit from:
Better time and cash flow management by taking proactive and preventative action on outstanding invoices
Reduced costs by working more efficiently and reducing the need to initiate costly legal proceedings
Greater visibility and control through the entire collections process
Improved customer relationships with collaboration and satisfaction
“Late payment represents a significant economic leakage, preventing businesses from taking on new orders, hiring staff and expanding their operations overseas.” Edward Winterton | UK CEO | Bibby Financial Services
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