Faster payments, happier customers

November 2010
Today’s leading companies see replacing manual, paper-based invoicing with an automated order-to-cash process as a valuable way for Accounts Receivable to increase cash-flow visibility.
Companies that have moved from paper invoicing processes to fully electronic invoicing report significant improvement in days sales outstanding (DSO) performance, which leads to increased customer satisfaction and, ultimately, a competitive advantage.
An automated process has a vital impact on a company’s cash management, but it is greatly affected by the procurement and invoice handling processes of the company’s customers. This white paper explores the benefits that companies can gain through e-invoicing in the broader order-to-cash context and offers brief guidelines on what to consider before going forward with e-invoicing for sales invoices.