Unbilled Services and Lost Invoices
Definition
Veterinary practices rely on PMS for billing, but without feeds to Xero/MYOB, discrepancies lead to missed revenue. Daily reconciliation is recommended but often manual.
Key Findings
- Financial Impact: 1-3% of annual revenue lost (AUD 10,000-30,000 for AUD 1M practice); daily unreconciled discrepancies compound
- Frequency: Daily/weekly if not automated
- Root Cause: Double handling between clinical PMS and accounting software
Why This Matters
The Pitch: Veterinary practices in Australia 🇦🇺 forfeit 1-3% of revenue annually from unbilled services. Automation of invoicing from PMS eliminates leakage.
Affected Stakeholders
Billing Staff, Accountant, Practice Owner
Deep Analysis (Premium)
Financial Impact
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Current Workarounds
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Methodology & Sources
Data collected via OSINT from regulatory filings, industry audits, and verified case studies.
Related Business Risks
Delayed Accounts Receivable Collections
GST/BAS Reporting Errors from AR Delays
Superannuation Guarantee Shortfalls
STP Phase 2 Payroll Non-Compliance
GST Unbilled Services
Delayed Invoicing from Booking
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