Posted - 29/02/12 | 0 Comments

Will stamp hike finally squish the paper invoice?

snail crawling on invoiceMassive increases in the price of posting letters in the UK will harm small businesses.

So says the not-for-profit Forum of Private Business, commenting on speculation over whether the price of a second-class stamp could rocket by as much as 50 per cent.

It’s reported that Ofcom is currently consulting on the proposals that could see second-class stamp prices soar from 36p to 55p.

Some small businesses still send invoices by post. But, with Clear, invoicing is fully electronic and automatic. Here’s a quick comparison between the two methods:

Cost: If a small business sends 20 invoices per month via second-class post – and the price does rise to 55p – then the stamps alone will cost £132 per year. Then there’s the ink, paper and time taken walking to the post box. With Clear, the cost is zero.

Speed of payment: Clear users have a head-start already. Invoices can be sent and received within seconds, while the post takes 2-3 days. What’s more, Clear’s invoice notification goes to the email basket of the right person – while a paper letter/invoice runs the risk of being lost or mislaid. Research shows that small companies that use tools like Clear get paid on average 14 days quicker … a big help with cashflow especially.

Try Clear for yourself for free. Save some stamps – and get paid faster!

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