Revenue Leakage sucks. It literally sucks revenue away from your bottom line. Stemming the flow allows you to make more money without increasing your prices, working harder, or charging your customers more. Win - win. Automation can help with this particular plumbing problem through: - Dashboards: Clear Data Visibility - Automated Collections & Ageing Reports - Monthly, accurate customer billing Download "Your Guide to SOLID Automation" to find out how we use automation to help businesses like yours: http://hubs.ly/y0tLY90

1. Business Automation
can solve Revenue Leakage
3
Ways

2. Revenue leakage sucks.
It literally sucks
cash away from
your bottom line.

3. Revenue Leakage refers to revenue or potential
revenue that is lost through
processes/transactions.
So, it is money that is rightly yours, but that you
are not receiving (or are ‘leaking’) due to various
inefficient or ineffective processes.
Definition:

4. Stemming the Revenue Leakage flow allows you to
make more money without increasing your prices,
working harder, or charging your customers more.
Its one of those rare cases where everyone wins.
Automation can help with this
particular plumbing problem.

5. Here’s How...

6. 1
Visibility of key business
metrics through
dashboards

7. Automated systems have integrated
key metric dashboards.
A dashboard sits in front of your
business operations platform, collating
and presenting your key metrics.
It’s a single screen that tracks all
your important data points in real-
time.

8. Having this global, trustworthy key business information
collated visually in a single place allows you to quickly and
easily identify:
1. Trends by geography, department, function, product or
service
2. Sales statistics to predict future revenue and pipeline
3. Ageing reports to identify outstanding cash flow
4. Operational process delays through outstanding
customer support tickets

9. Visibility of key business metrics is essential
to the longevity of your business.
Being able to quickly and easily identify a
problem area or potential problem area
mitigates any revenue leakage losses.

10. 2
Collections processes
with automated
reminders, all
linked to ageing
reports

11. If your current collections process is a spreadsheet with cells
coded in red, orange and yellow to denote time outstanding -
you are not alone.
These may look pretty but they are not effective.

12. An automated collections process detects whether a
payment has been made and, if necessary, automatically
sends out a series of payment reminders to the
customer at predetermined intervals.
These eventually culminate in (an automatic) suspension
of services until such time that the outstanding balance
is settled.

13. Any outstanding payments are automatically collected and
analysed through real-time Ageing reports.
These reports let you know:
★ How much is outstanding
★ How long it has been outstanding for
★ Which customers have amounts
outstanding

14. This information allows you to manage your finances
accordingly and allocate your resources in the most
effective (read: Profitable) way possible.
All helping contain your bottom line and
mitigate revenue leakage.

15. 3
Customer
billing is
accurate, every
month

16. Incorrect customer billing is a primary
source of revenue leakage.
Humans are awesome, but even the best
spreadsheet gurus have bad days.
Combine multiple procedural tasks with
stringent time constraints, and errors are
guaranteed to happen.

17. Automation of this process ensures accuracy.
The bill run is automatically compiled and available for
review and approval before processing.
Any necessary manual changes can usually be made
before all the invoices are compiled and automatically
emailed out to your customer base.
Automating the billing process eliminates errors and
allows your highly-skilled finance team to focus on
tasks that require individual attention.

18. In Summary...

19. Dashboards: Clear Data Visibility1
Business Automation solves
Revenue Leakage through:
2
3 Monthly, accurate customer billing
Automated Collections & Ageing Reports

20. Find out how we Automate
businesses just like yours.
Download your ‘Guide to Automation’ and find out
more about our SOLID platform.
We automate the entire customer lifecycle including
Lead & Customer Management, Provisioning, Billing,
Collections and Support.
SOLID contains all the tools you need to run your
business and gives you increased visibility,
efficiency and consistency.
Download your Guide
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