What potential issue can arise from delays in billing/invoicing?

Delays in billing and invoicing can lead to the ceasing of services because timely billing is crucial for maintaining cash flow and ensuring that a business can meet its financial obligations. When invoices are delayed, it can disrupt the expected income schedule for a business, which may struggle to pay suppliers, employees, or other essential expenses on time. This lack of liquidity can force the company to halt services due to an inability to cover operational costs. Additionally, clients may become dissatisfied if they receive services without receiving timely invoices, which could further affect the business's relationships and reputation.

The other options do not accurately reflect the consequences of billing delays. Increased customer satisfaction typically stems from efficient service and prompt communication, which delays directly undermine. A realistic view of finances requires accurate and current data, and delays hinder this clarity. Improved accuracy of finance reports may initially seem like a benefit, but delays can often lead to imprecise reports that misrepresent a company's financial standing.