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E Billing is Fast
It is highly useful to companies and businesses with a large, active client base – whereby invoices, statements will be sent out in bulk on a daily basis. Electronic billing systems mean that an invoice will arrive as soon as it is sent, enabling companies to maximize their profit by speeding up transactions.
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E Billing is Safe
E-billing can be a safer way to send statements to customers because no middle party plays a role in the document’s delivery. It simply travels from one e-mail account to another, in a matter of seconds. Security is also achieved with e billing because a customer must enter a password to access their e-mails. Further to this, the e-billing system can use online invoicing, which means the customer must follow a link and answer a security question to view their invoice or statement.
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E Billing is Environment Friendly
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It is environmentally friendly because of its reduced use of paper by comparison to previous methods. Invoices and statements are e-mailed to customers, with a highlighted message encouraging them to not print the document unless they actually need to. Electronic billing also saves energy as it does not require document printing or the use of a folder inserter.
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E-billing is easy for customers
Electronic billing lets customers access their invoices from anywhere in the world that they have an internet connection. Also, combined with EIPP software, the customer will be able to pay their invoices. This offers convenience and an advantage over postal or fax systems whereby the document will remain in the place it has been sent to until it is collected from that static location.