Home/Articles/The Cloud: Speeding Receivables for Printers

The Cloud: Speeding Receivables for Printers

Request More Info

Two printer case studies on speeding receivables show another way that cloud business can save print shops money.

By WhatTheyThink Staff
Published: October 26, 2017

Areas of IT Infrastructure Migrated to the Cloud (by company size)

Small business Medium-sized business Enterprise Total
Applications 61% 61% 74% 69%
Storage 49% 53% 47% 49%
Database 25% 45% 31% 33%
Security (testing aaS) 16% 18% 13% 15%
Other 14% 10% 9% 10%
None 8% 4% 4% 5%

Source: Survey of IT professionals in North America  (eMarketer 12/2015)

Increasingly, we are entering a world in which everything is connected. All of our systems, both home and business, are feeding data into the cloud, where it is collected, stored, and analyzed. That data is used to improve the speed, efficiency, and productivity of everything we do.

But not all printers are flocking to the cloud. In part, it is because it may be hard for them to see the connection to a real live printing business. You may already have a high level of automation. What additional benefit does the cloud really bring? Let’s look at two case studies that bring the value home.

Printer #1 had a problem collecting funds on purchases made by its customers. Historically, this print shop, like many others, would run a client’s jobs, then wait 30 to 60 days to get paid. The shop would email, call, and then email some more. At one point, close to 30% of its revenues were tied up in receivables.

Amazing Print Tech, a provider of web-to-print solutions, suggested using the cloud instead. It proposed a solution in which graphic designers would no longer emailed proofs to their clients. Instead, the sign-off process would be moved to the cloud. Customers would view their proof online, and once approved, they could choose paper and quantity and be taken to checkout for payment.

At first, the shop was hesitant, saying this was not the way they did business. Nor did it believe that clients would accept a cloud-based system because they were used to the old payment terms. So Amazing Print tweaked the system to allow clients to choose their own payment terms. Clients were given four options:

  • Checking out online by credit card
  • Checking out using a procurement code or purchase order number
  • Paying upon pick up
  • Selecting ‘bill me later”

To the client’s surprise, when offered the option of paying immediately, more than 80% of its customers took it. This eliminated a huge backlog of receivables. Additionally, customers complimented the printer on offering the convenience of “getting it done” rather than making them wait for a bill and deal with the extra paperwork.

The cloud solution turned out to be a win-win for all involved. All of the printing company’s transactions were synchronized in QuickBooks; the printer got paid more quickly; and clients were happy with the ease of ordering, reordering, and eliminating paperwork.

As another example, Printer #2 was also having a problem with receivables. By switching to a cloud-based accounting system, it also gave its delivery people tablets its customer can use to sign for delivery. Now once the client signs for a job, cloud software automatically generates an invoice. With just this simple change, the printer picked up ten days on its receivables.

So before you assume that you can’t adapt cloud-based systems because your customers won’t accept that much change, think again. Customers are highly adaptable, especially when the change benefits them.

Source:  Adapted from Cloud Production: A New Path to Profitability (How to Benefit from Cloud Automation), by Slava Apel and Joseph W. Webb, Ph.D., 2017.

Increase Conversions!

Get started with web to print software now!
Request More Info

WATCH A QUICK DEMO

The entire process from landing on your site to finished design and processed payment can take as little as 3 minutes. The customer can choose a topic or search for the background, pick a text layout, fill in their information, add a backside if needed, add a QR code and proceed to checkout. Once the payment is processed you receive the full payment as well as a perfect print-ready PDF with bleeds.

Products

eCardBuilder

Template Driven, Design Online web2print System. Launch fast with 20000+ premade temlplates

Retail W2P

Out-of-box printing software solution for private branded and highly flexible printing service website. Includes inventory, fulfillment and support software.

Read More

ePrintSite

Web to Print Websites with 1000s premade prices, calculations and estimates

Flexible Price Calculators let your customers estimate any product live. Great for Self service quoting. Prepopulated data for prices, shipping and weights ensures fast deployement.

Read More

Printerprise

B2B Printing Storefronts for Brand based proofing and Online Ordering

B2B Web to Print Solution. Out-of-box printing software solution for private branded and highly flexible printing service website. Includes inventory, fulfillment and support software.

Read More

ePrintTech

Custom Web to Print Solutions and Bespoke Technology that fits your Workflows.

Do you have a custom requirement for your clients or products? We will create Custom Web to Print Solutions that fits your bespoke workflows and satisfies your clients’ demands.

Read More

ePrint Automation

Training and Marketing for Web2Print printing website success

Do you want to learn proper marketing of a printing site?  With ePrintAutomation we provide the right print marketing automation training for your company to excell online.

Read More

Publications

Cloud Production

How to Benefit from Cloud Automation

Read More

Print Sales and Marketing

Customer Acquisition Training for Top Industry Experts

Read More

Amazing Print Tech has successfully facilitated millions of postcard, business card and stationery orders with its online printing technology since 1997.  With a complete suite of web-to-print software applications, Amazing Print web2print software empowers printers with template based postcard, signage and business card printing software tools to effectively market, drive and close sales, rewarding its partners and customers with superior web to print technology and on-demand printing software support services. Behind more and more successful web storefronts, there is web-to-print software created by AmazingPrint development team.

eCardBuilder

Template Driven, Design Online web2print System. Launch fast with 20000+ premade temlplates

2017 Top Web to Print Software by PrintingNews.com”  Template driven design online software for most popular products. Out-of-box printing websites with pre-built products.

Read More

ePrintSite

Web to Print Websites with 1000s premade prices, calculations and estimates

Flexible Price Calculators let your customers estimate any product live. Great for Self service quoting. Prepopulated data for prices, shipping and weights ensures fast deployment.

Read More

Printerprise

B2B Printing Storefronts for Brand based proofing and Online Ordering

B2B Web to Print Solution. Out-of-box printing software solution for private branded and highly flexible printing service website. Includes inventory, fulfillment and support software and storefronts.

Read More

ePrintTech

Custom Web to Print Solutions and Bespoke Technology that fits your Workflows and Storefronts

Do you have a custom requirement for your clients or products? We will create Custom Web to Print Solutions that fits your bespoke workflows and satisfies your clients’ demands.

Read More

ePrint Automation

Training and Marketing for Web2Print printing website success

Do you want to learn proper marketing of a printing site?  With ePrintAutomation we provide the right print marketing automation training for your company to excel online.

Read More

Features

  • 20,000+ Templates

  • 50,000,0000+ Backgrounds

  • 100+ PreBuilt products

  • Tracking orders

  • Has own shopping cart

  • Customizable website

  • Web Statistics Reporting

  • Ability to change Retail Prices

  • Choose the products you want to sell

  • View sales reports

  • New Features Automatically Upgrade

  • Unique website URL

  • WYSIWYG design engine

  • Control own Coupon codes

  • Ability to use your own merchant account

  • SSL Certificate Provided

  • Multiple Payment Gateways

  • Guest/Anonymous Checkout

  • Multiple Shipping Carrier Support

  • Dynamically Scalable Architecture

  • Optimized for Faster Page Loads

  • Responsive Web Design

  • Multi Language Support

  • Rename Products

  • Own shipping UPS/FedEx account

  • Customizable shipping rates

  • Collect own money

  • Integration into popular 3rd Party shopping carts

  • Create your own promotions/specials

  • Sign up Resellers through a Sign Up wizard

  • Give Away Reseller Websites

  • Control Wholesale Prices for Resellers

  • See reseller profit reports

  • Create templates for Resellers

  • Co-Manage Resellers Sebsites

  • 3rd Party MIS integrations

Web to Print Storefront

Integrations

Integrates with Avanti MIS

Avanti

Integrates with Docket Manager MIS

Docket Manager

Integrates with MyOrderDesk MIS

MyOrderDesk

Integrates with XMPIE MIS

XMPIE

Integrates with CRC Information Systems

CRC Information Systems

Integrates with PressWise MIS

PressWise

Integrates with Estimator Corp MIS

Estimator Corp

Integrates with PrintSites2Go MIS

PrintSites2Go

Integrates with PrintLogic MIS

PrintLogic

Integrates with QuickBooks MIS

QuickBooks

Integrates with RacadTech

RacadTech

Integrates with Printing In A Box MIS

Printing In A Box

Integrates with UPS Shipping

UPS

Integrates with FedEx Shipping

FedEx

Integrates with Canada Post Shipping

Canada Post

Integrates with USPS Shipping

USPS

Integrates with DHL Shipping

DHL

Integrates with Australian Post Shipping

Australian Post

Integrates with Moneris Payment System

Moneris

Integrates with PaypalPro Payment System

PaypalPro

Integrates with Elavon Payment System

Elavon

Integrates with PayFast Payment System

PayFast

Integrates with PayPal Standard Payment System

PayPal Standard

Integrates with Authorize.Net Payment System

Authorise.net

Integrates with Shopify shopping cart

Shopify

Integrates with Open Cart shopping cart

Open Cart

Integrates with Magento Commerce

Magento Commerce

Integrates with WOO Commerce

WOO Commerce

Integrates with OS Commerce

OS Commerce

Integrates with Paypal Payment System

Paypal

Integrates with Infusionsoft marketing

Infusionsoft

Integrates with Constant Contact marketing

Constant Contact

Integrates with Mailers Haven marketing

Mailers Haven

Integrates with Web CEO marketing

Web CEO

Integrates with Adobe Stock photo library

Adobe Stock

Integrates with Depositphotos photo library

Depositphotos

Integrates with Dreamstime photo library

Dreamstime

Integrates with Fotolia photo library

Fotolia

Awards