IS THIS MYTH HOLDING YOU BACK FROM USING E-INVOICING?
You’ve heard about e-invoicing and have seen the benefits of its use for large corporations. Wait! Did you just say Large corporations? Are you under the impression it’s impossible for a small businesses to enjoy the benefits of e-invoicing? You might want to read on.
There’s a common myth making the rounds about e-invoicing. It’s the false belief that e-invoicing platforms are for only large corporations. Many SMEs, Freelancers, and Solopreneurs are missing out on the many benefits of subscribing to an e-invoicing platform due to this myth.
Here’s why you shouldn’t be sold on this myth.
Reason 1: Today’s e-invoicing platforms are free to use.
It used to be that e-invoicing platforms were quite expensive for a company to install, which made them restricted to the financial elite. Nowadays, e-invoicing platforms are free to use, and those that request for payment ask for a small sum of money after a trial period.
This incentive makes it easier for Small Business owners to incorporate e-invoicing into their accounting procedures, thus jumping on board the moving Digital Train and reaping its benefits.
Reason 2: Today’s e-invoicing platforms are web-based applications.
Surely you don’t relish the thought of papers flying about your office! Or missing paper invoices that will make it hard for financial accountability to be maintained in your office. These and the allied problems of paper invoices are what inspired the development of e-invoicing platforms, e-invoicing platforms that are free to use.
But what does it matter? It does, believe Cashflow! E-invoicing platforms matter a lot as it saves you the stress of data entry on PDF e-invoicing platforms.
This is because the web-based application lets you upload Excel documents onto the platform, which saves you the stress of duplicating data entries. Contrary to what you’ll experience on paper invoices or PDF invoices that require painstakingly entering data into each invoice.
Lets you channel the saved time into prospecting, converting and maintaining your customers, right?
Reason 3: Today’s e-invoicing platforms are format agnostic
You might be wondering about the meaning of this highly technical term format agnostic. In plain language, it refers to the ability of an IT product/service to work with other systems or products without any special effort on the part of the customer.
What does this mean for you?
It means today’s e-invoicing platforms work with other systems without you, the customer (supplier) having to do anything to make this possible.
For instance, Cashflow e-invoicing platform works on NIBSS e-BillsPay, which means your customer can walk into any Nigerian bank branch to pay against the Cashflow e-invoice you issue to him.
Isn’t that wonderful?
As this myth has been dispelled via this blog post, Cashflow e-invoicing platform is right here for you to sign up on. Don’t delay a single minute!