Businesses have a lot riding on the effectiveness of their accounts receivables processes. Yet most businesses rely on paper-based approaches for creating and sending invoices that result in bottlenecks and delays, provide little visibility, introduce risk, and negatively impact customers.
By and large, the process of creating and sending invoices is an internal, paper-intensive function.
In fact, one-in-ten businesses send all their invoices via the mail.
The reliance on traditional paper-based approaches to creating and sending invoices is a big reason that nearly two-thirds of businesses are dissatisfied with their receivables processes.
IOFM’s latest white paper shows how migrating to electronic invoicing improves satisfaction with AR processes.
The white paper details the challenges with traditional approaches to creating and sending invoices, how electronic invoicing solutions and business networks uniquely address each of these challenges, and the strategic benefits that businesses can achieve by migrating to electronic invoicing.
If reducing costs, accelerating DSO, improving visibility, mitigating risk, and enhancing customer service are on your strategic roadmap for 2017, you must download this white paper.
Continuing education credits available:
Receive 1 CEU toward IOFM AR and O2C certification renewal! The Accounts Receivable Certification Program is designed to establish standards for the profession and recognize accounts receivable professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the accounts receivable body of knowledge.
This white paper is provided free of charge and underwritten by a sponsor. Following your download, you may be contacted by the sponsor with information about their products and services.
Continuing Education Credits available:
Receive 1 CEU towards IOFM programs:
Receive 1 CEU towards maintaining any AR and O2C related program through IOFM! These programs are designed to establish standards for the profession and recognize accounts payable and procure-to-pay professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the financial operations body of knowledge.