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Inefficient invoice and payment processes not only incur high administrative costs here and now, but they are also obstacles to your future growth. Learn what you gain by having a holistic approach to the issue, and how to take the easiest path from rigid silos to seamless flows.
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Sticking to inflexible invoice and payment solutions devours internal resources, slows your growth journey – and allows your competitors to overtake you. Here are the underestimated factors that increase your total costs, both in the short and long terms.
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It goes without saying that inefficient billing processes waste a company’s time and resources. But, deriving the full benefits from a digital billing solution is a relatively simple way of streamlining those processes and improving the customer experience at the same time.
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Today’s customers expect to pay their invoices with the same ease, convenience, and positive experience they’ve come to expect from any other digital interaction with a company. As an invoice sender, you have everything to gain by meeting those expectations—and a lot to lose if you don’t. That’s why it’s important to help customers pay on time and avoid the negative experience that comes with missed due dates and payment reminders. The question is: how?
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Be sure to check out our guide on how you, as a broadband and telecom supplier, can streamline your internal processes and give your customers a better overall digital experience at the same time. Here are three useful tips to whet your appetite!
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When you've decided to digitize your processes and customer experiences related to invoicing and payments, where should you start? With Billogram, you not only get access to a payment platform with a variety of smart features. You also get a reliable and knowledgeable partner who helps you plan your digitalization journey so that it supports your business in the best possible way at every step.
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During tough economic times, customers are more inclined to take a closer look at their suppliers and look for ways of lowering their costs. What then, should energy companies be doing to strengthen their position in the market during such times, without compromising on profitability or customer satisfaction? With the right partner and billing platform, you will be able to streamline your internal processes and improve your customer relationships, without having to invest in resource-intensive IT projects.
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Invoices have been around in one form or another for around 5,000 years. But now, things are finally starting to change. We interviewed Billogram’s CEO and asked him to talk about some of the biggest trends and changes we can expect to see over the next few years.
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P27 is a joint initiative between several of the Nordic region’s largest banks. Swedbank, SEB, Danske Bank, Handelsbanken, OP Financial Group and Nordea have joined forces to set up a company called P27 Nordic Payments, the purpose of which is to create a system for making payments in the Nordic region quicker, safer and more transparent. The letter “P” in “P27” stands for Payments, and 27 represents the 27 million inhabitants of the Nordic countries.
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Recently Novus, a leading analysis and research company, conducted a survey showing that two out of three customers would think more positively of their supplier if they were sent reminders when bills were due. For companies that prioritize customer loyalty and lower churn rates, there is certainly room for improvement when it comes to debt collection management.
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A constantly evolving and international payment landscape, for B2B as well as B2C, requires a modern and future-proof approach. That is why Billogram offers a reliable and adaptable platform – from day one – both in terms of new distribution methods, payment options, and the varying requirements for different markets. This blog post will answer the most frequently asked questions about how Billogram can offer a single payments platform for multiple markets.
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As companies grow, international expansion is often a natural part of their development process. When pursued in the right way, it is a strategy that can provide access to a larger target group and increase sales potential. But growing in international markets involves new challenges, and some issues can impact your future success more than you might at first realize. Handling payments across different markets is one of these issues.
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