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Currently,
most businesses and organizations use manual processes for pursuing
and collecting payments, rent, donations, event registration, member
dues and accounts receivables.
These
offline processes are tedious, time-consuming and prone to human
error. Research shows that when all factors such as preparation,
postage, mail room, data entry, bad debt, collections, accounting
labor, overhead, and the time-value-of-money (TVM) are compounded,
the average business spends $9.68 per invoice.
Bluefin's
automated and streamlined systems eliminate virtually all recurring,
manual processes which account for 84% of this cost. Bluefin
is revolutionizing the way businesses accept and process payments.
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