Paper Invoicing is just so snow… I mean slow

Published on: 04/02/09 in: General EIPP

Paper Invoicing is just so snow… I mean slow
February 4th, 2009 by Susan

Van stuck in snow…If there was ever a week that highlighted the benefits of electronic invoicing, it was this one.

Van stuck in the snow Much of the UK was brought to a standstill due to heavy snow, with roads closed and public transport disrupted. In some locations over 50% of the workforce were unable to get to work, or had to stay home to look after children because schools were closed. According to the Federation of Small Businesses, it is estimated that this week’s big freeze could cost the UK economy £3.5 billion.

Undoubtedly, amongst those stuck at home were finance staff (who process invoices) and postal vehicle drivers (who deliver invoices) plus many more who are normally involved in the end-to-end invoicing process.

Anyone processing an invoice electronically on the other hand – e.g. working from home or using a mobile device - will have been able to process their invoices as normal by logging into their online supplier/buyer portal.

Extreme weather conditions such as this don’t happen very often, but when they do, they help to highlight the flexibility of an online process.

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Paper Invoicing is just so snow… I mean slow