What is paperless billing?
Less paper, more efficiency: Learn how paperless billing can work for your business.
Billing isn’t the most exciting subject. But it shouldn’t be a stressful subject, either. Taking your billing systems paperless can save huge hassles and create major organizational efficiencies. Learn more about why to implement paperless billing to free up time and headspace for the fun parts of doing business.
The benefits of paperless billing.
Paper billing can be a critical touchpoint for many business-customer relationships. While paper bills help make payments and payment reminders more tangible, paperless billing can provide even more benefits:
- Reduced costs: Save on all the expenses of paper billing — everything from paper and ink to printing, envelopes, stamping, and mailing — not to mention the actual time cost to get those paper statements out the door every month.
- Improved security: Since paper billing requires a business to print and mail account information to customers, many people and departments review it before it arrives in customers’ mailboxes. Throughout the process, this sensitive information can easily get lost or end up in the wrong hands. Paperless billing allows businesses to send personal information directly to their customers, minimizing the opportunities for it to get lost or stolen along the way.
- Quicker payments: Mailing bills, waiting for them to be delivered, mailing reminders, and receiving payments can take weeks, sometimes even months. With paperless billing, you can bill customers directly through their emails or online accounts. This enables instant payment, quicker reminders, and much more efficient troubleshooting should something go wrong in the transaction.
- Better for the planet: Cutting down on paper is also beneficial for the environment, decreasing demand for paper and keeping paper waste out of landfills.
Digital documents for your business.
Learn more about how digital documents can make your business more efficient with Acrobat Sign.