Recently I talked about how hosted invoice management can actually help with the environmental issues that the humanity is facing. Helping save the environment isn't the only thing that hosted invoicing can do. Costs are another important thing to keep in mind when it comes to invoicing. Now how much money will invoicing cost your company depends on the size of your company and the workload that your company has, but safe to say that hosted invoicing could ease up your wallet quite a bit.

 

How to save money and bring down costs with hosted invoice management?

Office supplies might not be the biggest cost that a company has, but studies conducted recently showed that despite societal push for "paperless office" companies are still spending between $200 and $1000 per person employed per year on office supplies. What's more troubling is the fact that the amount of money spent on office supplies increases 25% each year. Instead of saving money and moving towards some semblance of a "paperless office", we're going in the opposite direction. Given that situation in the economy is far from perfect, saving money should be a top priority of companies everywhere. Given what we said just now how the costs of office supplies can get quite high, individuals in charge of companies should have a good hard look at how much money they are hemorrhaging and they should look for ways how to bring down invoicing costs, if they happen to find that invoicing is what's causing you to lose money. After having a good hard look at the problem, think about what hosted billing management is. You pay professionals a small monthly fee for allowing you to use their server resources and software. All the client interactions important for invoice management can be done within the user dashboard. This includes the creation of invoices and sending them via email. By using a hosted invoice management solution you will end up saving money not just on office supplies, but also on licenses and computer equipment that won't have to be prolonged/upgraded, since most hosted invoice management software doesn't require advanced software (only a browser) or very powerful computers (you can use older hardware).

I should then start looking at hosted invoice management?

You can see how there are a lot of places where you can save money with hosted invoice management. The answer you will need to come up on your own. Sit down and have a look at what is causing costs in your company. If it's invoicing and costs associated with it, then there's no harm in trying out hosted invoicing. Have a look at our demo page and see if it's something that you might be interested in. Also contact us with any questions that you might have.

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