Some of us have been building accounting solutions for over two decades. But even now, there’s lots of room for improvement. In particular, the use of spreadsheets and Outlook or Gmail for coordinating invoicing, payments, and bookkeeping is a cash trap.
With no integration it means data is constantly being manually transcribed between emails and the ERP. With no automation, it means that follow-ups, approval tracking, and exception management is all manual. With no activity management, there’s no visibility into what got done, and it’s hard to control. The horrifically manual and burdensome process slows your cash flow.