Easier processing and cost savings
LUCA Plus ensures that information quickly reaches its destination and is automatically processed in a client’s business management software. It is estimated to be 70% cheaper to automatically process an e-invoice than traditional paper, or PDF invoices that are processed manually (Deloitte Access Economics 2016).
No Errors or Duplicates
LUCA Plus pulls information directly from your accounting software, meaning information exchanged is always correct and exact. By removing the manual steps of invoice processing, like physical handling and rekeying of information, LUCA Plus means that no errors are introduced in the sending or processing of invoices.
Because invoices are received directly into your accounting software; lost, missing and duplicate invoices will no longer be a hassle on LUCA Plus. With the ability to add payment reminders to your invoices, you’ll never miss a payment, and repeat invoices will be a thing of the past.
Improved Cash Flows
LUCA Plus simplifies the exchange and processing of invoices, meaning more efficient business operations and quicker payment times. Without the need to physically send an invoice and wait on processing, LUCA Plus cuts out the largest time sink in account maintenance. In many cases, this means quicker payment times and less missed payments.
LUCA Plus also shows you the stage of fulfilment of each invoice, including when it’s been paid. Accompanying this are a suite of cashflow analysis tools and an account overview. LUCA Plus lets you estimate future cash flows, while also providing information on your clients, including average payment times and missed payments. LUCA Plus also provides bill reminders, meaning you’ll never forget a payment again.
Direct and Secure
LUCA Plus uses securitised Blockchain technology to enable e-invoicing, cancelling the opportunity for billing scams and money loss for businesses. As businesses are verified and e-invoices are received directly into accounting software without the exchange of emails, there is less risk of fake or compromised invoices.
LUCA Plus is Free, for every business, every platform.
LUCA Plus is free to use and available to everyone. Any business using online-capable accounting software can adopt LUCA Plus as we are platform agnostic. This means LUCA Plus will work with any major accounting solution provider, including Xero, MYOB or QuickBooks software.