Don’t waste money on the wrong invoices!
To give you an example:
YES, these are unnecessary costs! With the current intelligent technology, these costs made by data integrity issues can easily be avoided.
And NO, you don’t have to build a new expensive invoicing tool to do this. You don’t even have to change your current invoicing tool. You can decrease your error rate with Data Validation Checks on addresses, in simple words validate the address before sending. You can integrate these checks in your current process (via API’s) or do it in batches via an external site. Quick and smooth.
Addresses are now given as an example of a problem with invoices, but of course, there are more problems resulting in days outstanding. Think about problems with E-mail addresses, VAT numbers, KYC and identity. Also, here, put in the right Data Validation Checks and you save cost immediately.
As expected, this leads to the final comment. We, as Kentivo Data Services, can help you. Data validation is one of our specialties and because of that, we can keep the necessary investments low. We have all the technology to help you reduce costs and move your business forward with the right data!