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As Budgets Get Tighter and Tighter, People Seek New Ways to Stretch Their Business’ Waning Finances

The name of the game for small to mid-sized businesses has always been to make the most of limited funding. Now, with layoffs and cut-backs at all-time highs, it’s that much more important. Okay, okay, this year’s money is long gone, you say? This should be even more of a reason to plan dutifully ahead for next year. How about considering investing in something that could actually make your business money! Scanning in your invoices coupled with customizable workflow approval, pushing them through to your accounting system in one step, and paying your vendors online can make it a reality!

According to Gartner, the average business spends over $5 per paper check that they pay to their vendors, and over $20 if there is a dispute. This being the case, the average small business could easily be spending over $8,000 per month just PAYING THE BILLS! And mind you, that’s a far cry from the 41 cents per stamp that they thought it was costing!

The fact is, in this day and age, there’s a much more efficient, convenient, and certainly more inexpensive way to do things. It shouldn’t take a paper invoice being turned into electronic data, then back to paper and so on and so forth constantly to get money from one business to another. And with today’s electronic payables platforms like Fidesic’s ePayables from Enliven Software, it doesn’t! See how seamless the process can be and start paying less. Next year is right around the corner. Say goodbye to good enough.

  • Zero redundant data re-entry
  • Customizable workflow approval from ANYWHERE with an internet connection
  • Stop printing, folding, stuffing, stamping and mailing
  • Schedule payments to take advantage of terms
  • NEVER make another late payment AGAIN

Posted on Wednesday, December 12, 2007
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