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Convincing Your Management Team to Transition to E-invoicing

Posted By Administration, Thursday, March 1, 2018

Paper invoices were once the order of the day when it came to payments between businesses. However, the introduction of e-invoicing has changed the way invoices are delivered completely. Not only is it a faster way of sending and receiving bills, but it is also far more convenient. As with most things in life, e-invoicing has evolved since its conception and is changing in ways that will create even more efficiency and ease. However, there are still some businesses that are yet to transition due to various reasons such as lack of understanding, resources or just not being open to change. This article, however, has put together three key points that you can use to pitch e-invoicing to your management team.

It’s Automated

When trying to convince your management team to switch over to e-invoicing, you may need to put together a comprehensive but concise presentation. You can use free slideshow software to put together your presentation if that doesn’t happen to be your area of strength. The first point you could consider using for your proposal could be the fact that e-invoicing is far more automated than traditional forms of invoicing. This would be beneficial to your company as automation will save you time and as a result help increase productivity and strengthen customer relationships. This could be attributed to the fact that e-invoicing enables businesses to get paid quicker which could, as a result, have a positive effect on the speed in which customers receive products and services. You could also consider including that e-invoicing has the potential to ensure greater security and protection from fraud for your organisation.

You can Utilise Mobile Invoicing

A second point that you could add to your proposal to your management team is that e-invoicing can be mobile which is becoming increasingly popular. This could be because utilising mobile invoicing enables you to review, send, and approve invoices irrespective of where in the world you might be. Mobile invoices ultimately create a large amount of flexibility and can help save a great deal of time. Customers may also be more inclined to patronise businesses that are mobile friendly and have apps for ease and convenience. Mobility, therefore, offers several benefits for both customers and businesses alike.

It’s Cost Effective

It has been said that e-invoicing, as well as e-payments, can help businesses save on their bottom lines. This is as a result of several reasons which include ease, efficiency, convenience, costing and also how much time and resources they stand to save by doing so. Additionally, fewer employees will be needed in the billing department when e-invoicing is used which saves you money on overhead costs. This point should serve as a convincing argument for your management team and at least give them food for thought.

We live in an age where time is of the essence, so we are constantly looking for ways to create more time. This could be because the more time we have, the more productive we’re able to be and this is especially important when running a business. Sometimes, trying something new can be a scary thing, however, often it only takes one person to convince others and lead the way. Hopefully, after proposing the many benefits of e-invoicing to both small and large businesses, your management team will be more open to transitioning to the digital side of invoicing.

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