When thinking about rolling-out new AR invoicing software, many of the reasons are based on internal benefits. There can also be an improvement with customer satisfaction with better AR invoicing software. Increasing customer retention by 5% can increase profitability by 25% to 95%. Picking the right AR invoicing software could have a big impact on your customer satisfaction. Here are a few of the benefits that better invoicing software can bring:
In March of 2020, Covid-19 forced many organizations based in Europe and North America to have AP work remotely. Most companies were not set-up to have the AP team work remotely and it forced them to manage through Covid-19.
Working from home is the new normal for many organizations. This blog focuses on helping AR departments work remotely. Most organizations have ERP or financial systems that allow them digitally access, most of their finance team’s information. Many organizations are finding that there are still many processes, which are done manually and in some cases are difficult to carry out remotely. COVID-19 is forcing companies to accelerate their digital transformation.