Enliven Software Slashes Business Expenses with Instant ROI
EAST LANSING, MICHIGAN, June 22, 2009 – In today’s economic climate, every business is looking for more ways to tighten its belt. And now there’s a smart new way to trim excess costs, painlessly and permanently. With Enliven Software’s eInvoicing and ePayment products, businesses of all sizes can start saving money the same day they sign on, earning instant ROI.
With old-fashioned, paper-based invoicing, each bill costs a minimum of 44 cents in postage, plus the added costs of paper supplies, labor, and trips to the bank. By automating the invoicing and payables processes, Enliven effectively erases postage and paper costs. Instead, invoices cost as little as 29 cents apiece, a savings of 15 cents in stamps alone – at least until postage costs rise again. Multiply that by the number of invoices a business sends per month or fiscal year, and the savings add up quickly and dramatically.
While 80 percent of European business invoices and checks are sent electronically, only 20 percent of U.S. businesses have discovered this cost-saving method – even though they probably use similar methods in their personal lives. Enliven CEO, Bunmi Akinyemiju explains, “Most people are used to paying or requesting money through PayPal or paying their personal bills through their bank. Our eInvoicing product works the same way, making it almost effortless for businesses to request and accept money from each other. Enliven’s ePayments work more like direct deposits to employees, except the money is sent to your vendors. This type of arrangement can enhance your relationship, making the payment process more transparent and predictable.”
What’s more, Enliven charges no fees for set-up, hosting, or software licensing. Akinyemiju says, “By using on-demand licensing, we can make software a variable expense that is a function of the number of transactions. There is no capital expenditure, just monthly operating expenses that are guaranteed to be less than your current cost of sending paper invoices or checks. We’ve just started offering this pricing system, and we’re excited about its potential to help so many businesses make the move to electronic solutions.”
Obsolescence is not a concern for Enliven customers, either. Because the software is scalable, it can grow along with a business, and regular enhancements are free. No additional software licensing fees are charged, and employees can continue to use the software they are accustomed to. Enliven products are also compatible with a full range of business accounting packages, so they can adapt and transition gracefully.
Of course, going paperless means vital information is accessible to approved employees at any time or place with an internet connection. Security is key, so Enliven ensures that data is guarded from corruption and access to data is controlled at all times. The secure, online accessibility also functions as a back-up, providing a safety net for disaster recovery and business continuity in the case of unexpected events.
Enliven’s entire approach is geared to simplicity, and that extends to the user interface, too. The intuitive software requires only minimal training, and Enliven provides a best practices guide and ongoing mentoring to ensure success. Overall, implementation is so simple that customers are typically up and running within days of transitioning to Enliven’s system.
Forward thinking companies like Enliven Software continue to solve modern business problems with technology. And the forward thinking businesses that adapt these changes first are continually ahead of the game.
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