Infographic | June 23, 2023

Your MSP's Manual Billing And Collections Process Is A Money Pit

Source: ConnectBooster
GettyImages-1202173043 money pit

Payment trends have undergone a digital transformation in recent years. Yet, many businesses—particularly MSPs—still rely on manual, time-consuming, and costly processes to collect money.

In our research we found 80% of MSPs wait more than 60 days to get paid, and nearly 70% of MSPs spend up to nine hours each week on billing and collections tasks.

If you’re not automating the complete billing and collections cycle for your MSP’s variable billing agreements, it’s costing you. Manual processes cut into income and put the business at risk for other problems down the road.

access the Infographic!

Get unlimited access to:

Trend and Thought Leadership Articles
Case Studies & White Papers
Extensive Product Database
Members-Only Premium Content
Welcome Back! Please Log In to Continue. X

Enter your credentials below to log in. Not yet a member of MSPinsights? Subscribe today.

Subscribe to MSPinsights X

Please enter your email address and create a password to access the full content, Or log in to your account to continue.

or

Subscribe to MSPinsights