What is Revenue Leakage and How to Stop it ?

By RackNap

Revenue Leakage is the loss of revenue by  company which gets unnoticed .

How To Stop Revenue Leakage ?

UsingAutomated Collection Workflows

01.

If you really want to hike and adventure to see the real sights of the Big Island, you will want to be prepared.

Automation

02.

Using automation in your process specially in case of billing and invoicing can help in prevention of revenue leakage

Usage-Based Billing

03.

Using usage based billing helps in ensuring that your company is charging correctly for the services

Implement a Smart Payment Recovery System

04.

Use tools like RackNap which  helps in smart payments systema and also offers recovery in case of any failure

Want to stop Revenue leakage in your business ?