Yes, this is what we had strive to achieve and deliver to our customers – ‘Convenient Invoicing’. It was a promise made by us to all our registered users spread across the globe. But for ‘Team Invoicera’ it was more than just a promise, it was a pledge. A pledge to deliver an invoicing and billing application that would change the way online invoicing is done; to take online invoicing to a level where invoicing inconveniences and concerns are addressed with utmost ease. We believe every business has potential and efficient invoicing helps in realizing it.

We would again like to remind our users that we had received overwhelming response through numerous registrations just before the launch. As a result we decided to send the confirmation mails in batches. For the moment we have some exciting and important news for our users. The process of sending confirmation mails that we initiated has been completed. Henceforth, all the new invoicera users will promptly receive auto generated login details as and when the sign up form is filled and submitted. So no holding back, just fill in a simple sign-up form and start convenient invoicing.

And of course, the application is currently in the beta phase. Therefore, we request all the users to drop in their valuable feedbacks and suggestions. Invoicera is our application and your views. Our objective is to provide the best-in-class online invoicing application that will partner you in your pursuit of business excellence.

So did you think invoices can only be used to collect receivables? Well think again! Still can’t figure out? Ok, here is the disclosure – You can use your business invoice as an effective promotional instrument with your clients.

By using invoices as a promotional tool you can open new avenues for your business and also fasten the receivables cycle. Prompt payments are a definite advantage but you can also harness the potential clients for your business.

By following few simple suggestions which are mentioned below, you can use invoicing as a powerful and effective promotional tool.

• Add a note/footer on the invoice stating, “15% off on your next deal/purchase with us” and support it with a call to action by mentioning, “The offer expires after 10 days,” etc.

• To add a coupon is a very good idea. This coupon can be made available in two ways. First, by adding at the bottom of an invoice in a manner that it can be tore. Second, as a separate coupon. The advantage of a separate coupon is that it can easily be circulated and existing clients can give it to someone who can become your potential customer.

• You can also improve client loyalty by advertising your client’s exclusive product/service specials on the coupon.

• Don’t forget to use the power of referrals. Use your client referrals with a “refer-a-friend” promo and reward one or both of them with a discount. It is said that the cost of attracting a new customer is six times more than retaining the old customers. With referrals you save cost as well as obtain new customers.

Grab the marketing opportunity with your invoicing and see the results coming your way. After all this is what marketing is all about- finding new avenues of business. Promotion through invoicing is certainly one of them and it costs you nothing, well almost!

…I am sure that many of us do. This is a problem most of us are conversant with but have been ineffective in finding a right solution. Every entrepreneur, businessman, freelancer, consultant, etc. goes through this quite frequently and perhaps daily. Ramifications of this are not worth mentioning as it takes a heavy toll on the business. We only wish not to deal with such undesirable clients in the future.

But not anymore…Invoicera 7.0 comes with an integrated feature of Auto bill. Wondering what is this all about! Well this is just what the doctor ordered. Auto bill is a feature incorporated to quicken the payment receivable cycle. While sending an invoice to any of your client (for recurring billing and invoicing ), all you need to do is select the option of ‘Auto Bill’. This will ensure that as soon as the client receives the invoice it gets paid instantly. And of course you have multiple payment gateway option to choose from. The credit card details of the client are extracted from the database and the payment is made against these details immediately. This information is absolutely safe as all the details are stored in the encrypted format.

There was a strong need to include such a powerful feature that makes online invoicing and billing essential in it’s true sense. Though online invoicing has taken over the traditional billing, the basic purpose of invoicing gets defeated when payments are not received on time. This prompted us to include auto bill in our application to enhance the usability and increase overall efficiency.

The stage is set and another big player is ready to join the league of widely accepted online invoicing applications. Invoicera 7.0 will now be open for business in the real world. This web based billing application is all prepared to cater to its large customer base all across the globe. We have been waiting for this day for a very long time and the entire Invoicera team from assiduous developers to demanding support executive are extremely enthralled and ecstatic.

Our painstaking efforts over the last few months have been backed by continuous patronage from our prestigious users. We would like to thank all our registered users for elongating their patience. Their valuable feedbacks and logical suggestions did pave the way for improved product.

Set up with primary objective to deliver the best in class online invoicing application, Invoicera 7.0 promises highly robust and efficient invoicing solutions. Invoicera 7.0 is a fully integrated online billing software that is built with developing precision. It is equipped with all the ingredients that would differentiate any product from the rest. People from across the globe will have access to this terrific web based application.

The response till now has been overwhelming and is more evident with the exponentially growing customer base. We assure our existing as well as potential users that the efficacy of the product will only increase with time. We will look forward to work in close proximity with all our customers to take the product to the next level.

New business plans, constant upgradations, continuous improvements, product launches, stringent deadlines, etc., form just a small part of the business framework. This list is endless and amidst all this, generating and sending invoices is perhaps the most unwieldy process. In the never ending list of business activities, invoicing drops down the rankings (one can only wonder why?). There is a need to keep the finances intact and without efficient invoicing this is just not possible.

I am sure that the above mentioned list of frenzy activities is familiar to you. If so, it’s high time you invest in online invoicing application that integrates with your business requirements. Don’t expect it to be a magic wand or a miracle drug but will certainly help you get more organized. Be rest assured that managing accounts will be least of your worries.

To support this argument, I have listed down various surveys and reports which suggest that electronic invoicing is increasingly becoming indispensable for businesses of all sizes.
TowerGroup, a market research company, have said, “…the rise of digital invoicing during the economy’s decline may not be mere coincidence. It fits into the business climate that we are in…”

The benefits of sending and receiving digital invoices are many and have been practically witnessed. Not only does it slash invoice processing costs, it helps companies mitigate billing errors, increase cash flow, bolster customer service and reduces the debt collection turnaround time.

Another survey conducted by MasterCard, Ariba Survey reports – “Two out of three companies with annual revenues in excess of $500 million have implemented some form of electronic invoicing.”

An analyst at research firm Celent Communications believes that electronic B2B payments will grow from 20% today to almost 50% by 2010.

The results based on a comparative study by Finland post’s Itella group on e-invoicing shows: majority of consumers in Finland, Sweden and Norway are ready to implement electronic invoices and believe this is the best invoicing channel. Also, SMEs take a positive view of electronic invoicing. Most Finnish and Swedish SMEs are ready to implement it even if they have never tried it.

E-invoicing can dramatically reduce invoicing costs compared to manual or traditional invoicing. On a national scale, savings represent some EUR 2.7 billion a year. E-invoicing also addresses environmental issues because it is a practically paperless system and thereby eco-friendly as well.

The year 2008 will be remembered for the world wide ‘economic recession’. It has taken a toll on each and everyone of us in some way or the other. Nobody has been spared, be it individuals, corporates, SME’s, etc. But hang on, are the ripple effects really that negative? Till recently my answer would have been, yes they have been terrible. It is only a few days back that I came across some surveys and reports that suggest that companies have actually switched to practices that can shield them from potential economic adversities. One of them has been the transition from traditional invoicing to electronic invoicing presentment and payment.

According to new research from Giga Information Group, companies that opt to implement electronic invoicing can achieve a positive ROI with as little as 12-15 per cent adoption rate by suppliers. The reports reveal that companies have been proactive in implementing electronic invoicing because of improved efficiency for cash flows, accounts receivable and marketing.

International Accounts Payable Professionals Association demonstrates that enterprises and organizations can save staggering amount ranging between anything from £60,000 to £1.2 million a year. A whooping 69% compared to manual invoicing.

Credit Research Foundation of U.S conducted a recent survey to suggest top three reasons for implementing electronic invoicing. The survey gathered 267 responses across 50 industries. 54% of the survey population cited improved cash flow as the reason. 44% respondents said lower invoicing processing cost as result of improved data; 45% believed enhanced customer service for billing and remittance.

These facts prove that electronic invoicing is effective, efficient and effectual. It can dramatically reduce invoicing cost and helps you save both time and money. Two things which we are all short of.

It is said that positivity and negativity are two facet of the same coin. Though, the economic downturn has had a deep hurting wound, there is something to cheer about. At least, we know of one way to counter this recession and how to face it the coming years.