Choosing the best billing software is the most prudent investment a business can make to get timely payments. Itis is also crucial to continue operations and pay employees and vendors. Having automatic billing software is mission-critical due to the inefficient and time-consuming nature of sending a physical invoice. A small business, however well-financed, can never outrun the effects of a faulty billing system. Given that clients routinely find excuses to delay the payment —60 percent of all invoices are paid...

According to a comprehensive study by MarketFinance, formerly known as MarketInvoice, around 60 percent of all invoices are paid late. The report goes on to reveal that the average invoice is paid six days late and that one-fifth of all invoices are paid more than two weeks late. This is, especially devastating for a small business owner, who depends on constant cash flow to run the operations smoothly and pay employees and vendors on time. It is hence, prudent to know...

Atradius, a prominent financial institution operating in the insurance sector, estimates that 39% of all invoices in the USA are paid late, and that the companies are asked for an extension in the deadline for the invoice payments 52% percent of the time. Invoices area crucial aspect of business operations, and getting late payments for the services rendered or the products you sold canfrustrate you greatly. For a small business, the billing process can be quite complicated and time-consuming. Despite...