Value of EDGE


The specific value of EDGE for you depends on your situation.  The following questions are intended in facilitating you to assess your specific situation and deciding whether trying EDGE would make sense.

  • Do you spend considerable time on creating a VAT invoice and delivering this to your customer?
  • Do you issue your invoices days after you delivered the goods or services to your customers?
  • Do you ever wonder whether your customers have received your invoice?
  • Do you spend considerable time dealing with requests for credit and issuing credit notes?
  • Do you have issues with identifying what your customers pay you?
 
  • Can you reach your customers with your bills even when your contact is on holiday?
  • Do you spend considerable time on identifying whether a customer paid you or not?
  • Are there any customers for which you need to monitor carefully what they pay you and when they pay you?
  • Do you spend considerable time to send out payment reminders to your customers?
  • Do you spend considerable time on invoices that are disputed by a customer?
  • Do you have a record of what was discussed about disputed invoices by yourself and your customer?
 
  • If someone else manages your invoices, can you easily monitor what they are doing?
  • Have you made it easy for your customers to pay the invoices they receive from you?
  • Do you and your customers in combination spend more than £5.00 on banking fees for an international payment?
  • Do you and your customers in combination spend more than £1.50 on banking fees for a local payment?
  • Are your invoices VAT compliant so that your customers can easily claim back the tax they pay on your invoice?

  • Do you have a complete record of all expenses for your company so that you can claim back all VAT?
  • Are you collecting your refunds on VAT as quickly as you could?
  • Do you spend considerable time finding out what you paid a supplier some time ago?
  • Do you spend money on receiving invoices electronically?
  • Do you spend considerable amounts of money for the administration of your invoices and bills?