Going Paperless in a Digitally Driven World

Jul 22, 2021

Blog

Remember those paper invoices from your bank? Remember paper menus and bills at restaurants? In today’s transformative and digital-first business environment, digital solutions have become a necessity for efficient daily operations and business growth.

According to Deloitte, 45% of businesses who reported a positive impact from digital solutioning and increase in net revenue growth, also reported a 43% increase in net profit margin.

 
Graphic showing stats from Deloitte

USPS indicates that it may take as long as three business days for First Class Mail to reach any area in the U.S. Not to mention, inclement weather, holidays, and weekends that may further delay the delivery time, holding up the invoicing process and reducing the grace period to make a payment. Paperless options have evolved from a “nice to have” to a “must have.” That is why going paperless in this digital economy has become paramount for increased workflow efficiencies.

Graphic showing USPS mail delays

DLL understands the importance of providing you and your customers the best-in-class digital solutions to make their equipment leasing and financing processes easier, better, and faster. With paper invoices, files can get lost or mistakenly reach the wrong party. For customers searching for solutions to support and enhance their organization, paperless invoicing with DLL allows your customer to designate a person or team to receive an email invoice which eliminates mail handling and delivery delays, allowing for ample time for payment administration on their end.

With DLL, payments are due either on the 1st or 15th of the month, depending on lease commencement, and the invoice is generated and sent 21 days prior to the due date to allow adequate processing time for customers.

By optimizing Email Invoicing, or “E-Invoicing”, customers may allow multiple parties to receive the invoice at one time, directly to their email, safely and securely, while expediting processes to avoid late payment fees.

Why offer E-Invoicing to customers?

  • Provides customers with more time to make their payments
  • Allows multiple parties to receive the invoice at one time, safely and securely
  • Expedites the processes to avoid late payment fees

 

Today, more than 57% of DLL’s Office Equipment manufacturers and dealers have enhanced their customers’ experiences with this solution. Want to learn more about enrolling your customers in E-Invoicing and other DLL digital solutions that may position your company for success in today’s market? Contact Us Today!