Cashflow is a collective responsibility among all stakeholders.
For example, a company with a USD 100 million Unbilled documents and a rate of 10% Cost of Capital will incur up to 900K per month of lost opportunity cost.
Every day of delayed billing can cost a company millions of dollars each year, which leads to a working capital shortfall and Interest charges from banks.
By tracking documents and costs, sales/operations can be measured and incentivized to drive process efficiency, and the company can use KPI data to enforce performance measurement actions.
GetBilled Realtime insights by customers give enterprises a pipeline of billing documents and unbilled reasons to foresee cash delays and take corrective actions.
Improved cashflow allows investing money in strategic new initiatives. Even in declining revenue cycles, companies can improve working capital and liquidity.
By tracking opportunity costs at the lowest level, you can drive cash strategy decisions on customer selection and contract renewal negotiations.