Electronic Payments are Convenient, Save Time, Money, and Frustration
Posted by Jason Hachkowski on Thu, Mar 25, 2010 @ 03:04 PM
Businesses often seek out ways to
automate/streamline manual processes.
Automating manual processes improves efficiency and helps businesses to save more money. It was the breakthrough of automation that led to the advent of the modern assembly line (thank you Henry Ford). Had it not been for automating manual processes, then it would not be possible for companies to enjoy the efficiencies which allow us to enjoy all that we do today.
The important point to note when looking at this example is that automation helps to speed up manual or repetitive processes. Speeding up manual processes allows for the time and energy savings to be reinvested in other profit generating activities. What could you do with more time? Could you make an extra sales call? Brainstorm that next breakthrough idea? Or could you simply bank that time, and allow yourself to have a vacation at some point during the year?
The same holds true when it comes to your accounts payable processes. If you are not currently processing electronic payments, then you likely are spending a lot of time manually cutting cheques, chasing approvals, stuffing envelopes, balancing books, and maybe even licking stamps. Each and every one of these additional steps costs you time to execute, and money in the form of office supplies. Are you feeling the pain of manual accounts payable yet?
This is why TelPay is helping accountants, bookkeepers, SME's, and non-profits all across Canada! The TelPay for Business software eliminates cutting cheques, accelerates dual and remote approvals, and certainly requires no stamp licking. By speeding up the accounts payable process, you will save you/your business time and money.
Book a webinar today and find out how!