On average, accountants spend 30% of their time collecting invoices from their clients. By implementing an automated collection solution, Arnaud Girod has made this task significantly easier: invoices are retrieved as they come in from mailboxes, and from client spaces and files.
Libeo does not stop there: thanks to the application's ability to import invoices by OCR-ing them, the platform can also manage paper invoices. Just a screenshot is enough to start automated data entry in the software.
Instead of a manual and repetitive task, we now have a rapid, automated procedure, which significantly reduces the risk of input error, and duplicate invoices. Two pet peeves in accounting...
GENERATING REAL-TIME FINANCIAL INDICATORS
For a firm of chartered accountants, having a permanent overview of financial flows as they are captured is essential. Since it started using Libeo, Experts & Entreprendre can track its clients' finances in real time, including a log of payments issued and received:
- Real-time cash flow management
- Balance of all accounts
- Breakdown of invoices per category