Imagine this: you run a small or medium-sized business that deals with a monthly billing cycle. But equipment malfunctions, a high staff turnover, and other core business responsibilities cause you to send your bills out late. Once those bills arrive, many customers may have questions about their charges, or they won’t get their payments back to you on time. What should be a timely process winds up taking an entire month or more, only to repeat for the next billing cycle.
Sound familiar? If it does, it may be time to consider outsourcing with invoice printing services. Outsourcing doesn’t mean having to lay off staff. Instead, it frees them (and you) up to handle customer service responsibilities and other duties rather than worrying about statement printing and processing each month. If you think this may be the answer to your business’s operation issues, here are three essential aspects of invoice printing services that you may benefit from:
Faster mailing time
Statement printing and mailing services are adept at sending out large amounts of invoices in a short amount of time. In fact, with these on-time services each month, your business can speed up its accounts receivable and cash flow by as many as one to three days. The reduced delays can help you pay for your own goods and services in a timely manner.
Better invoice design
When you have professional invoice printing services working with your company, you not only get bills printed. You also have them designed so they’re easy for you and your customers to understand. Outsourced billing not only gives you and your customers better statements, but it also reduces your printing costs and equipment maintenance responsibilities.
Easy bill processing and other services
Outsourcing billing goes beyond printing. Many companies that help outsource billing can also help with processing and collection, and they can even offer additional services for your business. Electronic invoicing, for instance, allows customers to pay their bills online and get access to automatic payments and electronic invoice archiving to manage their bills. An outsourcing company makes this service and others possible by offering simple solutions for customers and hands-off management for you.
Have more questions about invoice printing, mailing, and processing, or electronic billing? Leave a comment below.