Sending Bills and Collecting Payment Costs Every Business 5% of Revenue - Is This Really Correct?

According to distinct leading research companies on average, an organisation (of attractive much any amount or type) spends 5% of its revenue on issuing its invoices and in collecting payments from customers. In this article, we will explore this claim and see if it reflects reality for both small and large organisations. To do this we will gaze at the figures based on two absolute UK businesses. More information: more

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