Easier processing and cost savings
LUCA+ 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+ 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+ 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+. 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+ 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+ cuts out the largest time sink in account maintenance. In many cases, this means quicker payment times and less missed payments.
LUCA+ also shows you the stage in fulfilment of each invoice, including when it’s been paid. Accompanying this are a suite of cashflow analysis tools and an account overview. LUCA+ lets you estimate future cash flows, while also providing information on your clients, including average payment times and missed payments. LUCA+ also provides bill reminders, meaning you’ll never forget a payment again.
Direct and Secure
LUCA+ 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+ is Free, for every business, every platform.
LUCA+ is free to use and available to everyone. Any business using online-capable accounting software can adopt LUCA+ as we are platform agnostic. This means LUCA+ will work with any major accounting solution provider, including Xero or MYOB software.