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Canadian Startups: Manual Invoicing Is Killing Your Cash Flow 🧾

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Manual invoicing creates a silent cash flow bottleneck that's strangling Canadian startups. EIM's AR Acceleration Framework shows that streamlined automation reduces DSO by 30-40% within the first quarter, extending the runway without additional funding.

The disconnect? You're profitable on paper but broke in practice.

We've seen startups with strong revenue pipelines struggle to meet payroll simply because payments weren't coming in fast enough. One day you're managing five invoices manually, next you're drowning in dozens while wondering why cash feels stuck.

EIM's AR Acceleration Framework Components:

Smart Collection Sequencing: Automated professional reminders that feel helpful, not pushy

  • 7-day courtesy reminder

  • Due date notification

  • 7-day overdue follow-up

  • 30-day escalation with late fee

Real-time Cash Visibility: Outstanding receivables integrate directly with your forecasting and runway calculations.

Integration-First Approach: Your invoicing system seamlessly connects with your broader financial tech stack, eliminating manual data entry and reducing errors.

Different Models, Different Solutions:

B2B SaaS: Stripe + Chargebee/Paddle for recurring billing and subscription metrics

Service Startups: QuickBooks/Xero + Plooto/Rotessa for project-based invoices and automated collection

The goal isn't finding the trendiest tool—it's building a system that scales with your business while maintaining professional relationships.

Bottom line: Getting paid is part of delivering your service. Clean, timely invoicing isn't 

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