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Paper bills only

Quiz result

You’re still sending all your bills on paper, which means you have an opportunity to be a real cash flow hero!

Not only can you save billing costs by adding an electronic billing and payment channel, you can also reduce your average Days Sales Outstanding.

A Really Great Result: 
When offering only a paper bill, one of our utility clients was collecting 9% of payments in 0-5 days. After launching our email billing solution, the percentage of payments collected in 0-5 days increased to 34%. This is an incredible improvement.

The Result You Should Expect:
By introducing an email bill, you can expect a minimum reduction in your DSO of between 3 – 7 days.

An Added Bonus:
By also offering customers the ability to make a one-click payment from within the email bill, you can expect at least 50% of those payments to arrive within 1-3 days.

Results like this would definitely make you a cash flow hero!

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