{"id":28600,"date":"2025-11-12T12:35:22","date_gmt":"2025-11-12T17:35:22","guid":{"rendered":"https:\/\/fortispay.com\/?p=28600"},"modified":"2025-11-14T11:03:29","modified_gmt":"2025-11-14T16:03:29","slug":"accelerate-invoicing-kill-manual-entry-and-speed-up-billing","status":"publish","type":"post","link":"https:\/\/fortispay.com\/accelerate-invoicing-kill-manual-entry-and-speed-up-billing\/","title":{"rendered":"Accelerate Invoicing: Kill Manual Entry and Speed Up Billing"},"content":{"rendered":"\n

Read Time: 4 minutes<\/strong> <\/p>\n\n\n\n

This is the second post in our Accelerate AR series\u2014a four-part guide to transforming your invoice-to-cash process using embedded payments inside your ERP.<\/p>\n\n\n\n

Today\u2019s focus: why manual invoicing is costing you more than time\u2014and how automation helps you bill faster with fewer errors.<\/strong><\/p>\n\n\n\n

Invoicing is the heartbeat of your cash flow. But for too many finance teams, it\u2019s a process riddled with inefficiencies\u2014manual tasks, outdated tools, and fragmented systems.<\/p>\n\n\n\n

Despite having powerful ERPs in place, businesses often still rely on spreadsheets, email attachments, and disconnected billing workflows that slow everything down. The result isn\u2019t just a little friction\u2014it\u2019s a direct hit to revenue and customer satisfaction.<\/p>\n\n\n\n

Manual Entry Madness<\/strong><\/h2>\n\n\n\n

Surprisingly, 53% of mid-market B2B companies still rely on spreadsheets to manage accounts receivable.
Source: e2b teknologies<\/em><\/p>\n\n\n\n

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That\u2019s not just out of date\u2014it\u2019s risky.<\/p>\n\n\n\n

Spreadsheets are static, siloed, and prone to human error. They can\u2019t offer real-time visibility, and they certainly don\u2019t scale with your business. When your team is spending hours each week copying invoice data between systems, the margin for error increases\u2014and the cost of those mistakes adds up.<\/p>\n\n\n\n

In fact, 94% of spreadsheets contain errors.
Source: Tuck School of Business, Dartmouth<\/em><\/p>\n\n\n\n

Those errors often lead to incorrect invoice amounts, missing details, or formatting issues that delay payments and erode customer trust.<\/p>\n\n\n\n

Delayed Invoicing, Delayed Payments<\/strong><\/h2>\n\n\n\n

It\u2019s not just the accuracy of invoices that matters\u2014it\u2019s the speed. Manual processes often delay invoice creation and delivery, especially when teams toggle between ERPs and third-party tools or rely on batch processing.<\/p>\n\n\n\n

According to the Credit Research Foundation, 61% of late payments are due to administrative errors or invoices arriving too late.<\/p>\n\n\n\n

That\u2019s a staggering stat. It means most of your payment delays may have nothing to do with customer behavior\u2014and everything to do with internal bottlenecks.<\/p>\n\n\n\n

And with every delay, cash flow takes a hit.<\/p>\n\n\n\n

Why Speed and Accuracy Matter Now More Than Ever<\/strong><\/h2>\n\n\n\n

In a fast-paced, digital-first economy, outdated invoicing doesn\u2019t just cause frustration\u2014it limits your ability to grow.<\/p>\n\n\n\n

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Here\u2019s why:<\/p>\n\n\n\n