RP Sanjiv Goenka Group

Death by a thousand invoices – an invoice finance story

March 30, 2022

Share on linkedin
Share on facebook
Share on twitter

Why growth hurts so many invoice finance businesses

Growing an invoice finance business is not easy. In fact, sometimes growth can hurt a lender’s long-term prospects. Taking on new clients, increasing lending and processing more debt requires invoice finance lenders to strike a balance between service, risk and costs. This is not easy because:

  • Delivering great customer service at scale stretches resources and drives up costs
  • Stringent verifications to mitigate risk can increase time-to-cash
  • Keeping costs down to remain competitive can hamper efficiency

This Slideshare, Death by a thousand invoices, digs into challenges of growing an invoice finance operation and how Intelligent Automation can tackle these by enabling lenders to:

  • Deliver better service at lower costs
  • Improve risk visibility without slowing processes
  • Scale revenue without scaling technical debt
  • Find a better way to grow on existing IT systems

Latest infographics

This form will put you in touch with our business development team. For all other functions, please click here.
Ready to get in touch and grow your business?
Tell us a little more so we can connect you with the right person
Last step! Let us know which solutions you're most interested in
Connect with us
For patients inquiring about Eligibility and Enrollment Services available through their hospital or health system — Please complete the form below, and a Patient Advocate will contact you shortly.

    Download Now

    Simply fill out this form to download

    Insight type is: infographics