The significance of internet technology cannot be denied. The awareness to the tasks that can be easily and smoothly performed through this medium is well known. Many companies have came to realize the fact that utilizing this medium for transactions, transfers and data management is the most convenient way of dealing. Now the new buzz word is that of paperless billing or e-billing enabled my many corporate, companies and organizations. It is regardless of the size of the company whether small, medium or large. This method is not only convenient for the company but also for the client as well. Utilizing this method the customers will be able to pay bills online and even receive e-mail alerts for the transaction. Now let us understand as to why e-billing is so important and the advantages that it offers:
Benefits of Online Billing Applications
We all are quire aware about how much a rim of paper costs, now imagine if all the work is done manually and on paper what will be the cost? Not only will a company require extra staff for manual billing but also numerous files, papers and stacks to keep hold of the same. This will not only lead to unnecessary piling but also investment in paper billing as a separate budget. In order to avoid it all it is better to go for e-billing. You will be able to eliminate unnecessary costs and the staff can be devoted to some other productive purpose.
We know that when any transaction takes place on paper a chain of mails start over. Mailing back and forth to the customer is tedious task. On the customer end it is a never ending saga involving mails, billings on paper and seeking information about the whole process. The cost of envelop, paper and stamp is alone borne by the customer. This not only creates frustration on the customer end but also leads to costing on part of the customer which is apart from what is already billed to the company. This is in fact extra costing on part of the customer. But with e-billing or paperless billing this whole costing is eliminated and in fact is a saving on part of the customer.
Again with the same reason of going through the tiring procedure of snail mail, paper billing and then keeping track of this all becomes extremely exhausting. Not only this, but often it might happen that the mail gets lost in transit. Then what? Start all over again, it does sounds horrific. So, to avoid this kind of long foolish procedure it is better to opt for e-billing. Just by click of button and the process is initiated. Moreover now that more and more people are having access to internet it is convenient to get immediate response, track the process and even get a confirmation e-mail for the bill payment.
As it is to stay ahead of your competitor you need to adapt to new technology and utilize it to your benefit. Giving your customer an advantage of e-billing you stay ahead of competition and the customer too would like to stay with such a company for longer.
When a new transaction begins again you go through the same procedure of papers and filing. This is not only time consuming, costing your company but also putting an unnecessary pressure on the environment. Minimal use of paper will not only produce less garbage but also saving trees.
With all the above reasons it is quite understandable that the scales dip towards adopting Online Billing Applications for more and more companies.
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