Setting up billing services for your company can be very beneficial. Many companies have invested in electronic billing systems that send out electronic invoices to their customers that owe payments. Outsourced billing is also gaining popularity in the corporate world. There are many advantages to outsourced billing including freeing up time, stress and space in the workplace. When the employees are not excepted to keep track of who owes what and when, it takes a huge burden off of them to be
A recent survey of 5,000 American adults by the National Automated Clearing House Association (NACHA), found that the majority of Americans prefer online billing to other traditional, and generally slower, options. In fact, 62% said that they prefer accessing their billing statements online rather than getting statements in the mail. As a result, businesses who want to provide the best customer experience will have to make electronic billing systems a priority. In most cases, investing in utility billing software is the best way to do that. Good programs will allow businesses to not only make billing the billing process more convenient for customers, but also stay better organized.