Today marks a new beginning and a major milestone for Invoicera, with the release of its New Edition. The uptake of Invoicera amongst the users opened up new opportunities along with forging the need for an enhanced product. Invoicera’s new edition was conceived, researched, tested in prototype and made it through all the hurdles, to be made available for use.

Invoicera plus (as we like to call it) is a culmination of months of dedicated hard work and commitment put forth by our assiduous professionals. Incorporating the valuable feedback, suggestions and recommendations from our users has also helped us in enhancing the application. It is aimed at delivering unprecedented Online Invoicing experience through improved interface, easy navigation and enriching features. Some of the new enhancements and features include the following:

• Multiple Currency Support – Our unique multiple currency feature would allow you send invoices to your clients across the globe in their respective currencies. This would enable you to deal with your clients with limited impediment.

• New User Interface – The new Invoicera interface looks extremely elegant and stunning. It is not only fascinating but also simple, easy and powerful. It would also deliver effortless navigation along with new colour scheme and professional looking invoice template.

• Improved Help Manual – A lot of effort has gone into preparing a help manual that is crafted to offer clutter free invoicing. It would guide you at each step, thereby, providing you unparallel online invoicing experience.

• Send attachments – This feature allows you to send invoices as a PDF along with the supporting documents. It would also allow you to mark a copy of the mail to anyone with whom you want to share it.

This edition of Invoicera will cover all the aspects of online invoicing ranging from reduced invoicing time to effective payment tracking. This would be supported by improved service quality, simplified implementation and easy usage capability. All the efforts have been directed towards ensuing an application that is highly robust and super efficient.

We can assure you that transitioning to this edition of Invoicera will be a pleasant experience.

Happy Invoicing

Traditional invoice processes are inefficient, error-prone and slow. A company that sticks to manual processing of paper invoices or scanned images is wasting money on administration costs and unidentified invoice errors. Even worse, manual processes make it difficult to pay suppliers on time, depriving them of vital cash flow, possibly risking their very survival.

The companies that aspire and strive to have their processes streamlined, use online invoicing software to handle ten times as many invoices per person as their competitors. Online invoicing is not a question of turning paper into scanned images – it’s about automatically matching fully electronic invoices with supporting records.

Online invoicing also addresses the issues of reduce waste, delays and errors. This ensures timely payments, smooth transactions and better relations with the clients. This is why companies have now switched to straight through processing and use supplier self-service functionality to mitigate client inquiries and discrepancy resolution. Online invoicing efficiently drains out these issues and ensues clutter free invoicing.

There has never been a better time to implement online invoicing. Learn how you can reduce costs, improve efficiency and accuracy, and achieve desirable ROI in relatively quick span of time.

Small and medium sized businesses have always been troubled by late payers, debtors and defaulters. Considering that this particular sub-set of clients continue to make life difficult for entrepreneurs, here are  some tips to keep the cash flowing.

Though there should be more stringent laws in dealing with such clients, this does not mean that small businesses are powerless in the face of the organizations they sell to.

Businesses are most likely to receive late payments from new customers; making them more vulnerable to new clients. Small businesses must be ready to negotiate terms when they receive an order, particularly from new customers.

Following are some tips:

• Send an estimate/quotation before sending the final invoice.

• Understanding and identifying the payment terms – where invoices should be sent, what references or order numbers should be quoted, and whether the customer only accepts online invoices.

• Have effective internal procedures in place: what level of credit checking is required and how frequently credit limits are reviewed.

• If there is a difference between your payment terms and theirs, don’t ignore the issue, negotiate.

• Make sure sales invoices meet the customer’s requirements, send invoices as soon as possible to the correct address and department, ensuring they comply with requirements for VAT invoices, and follow progress.

• Make notes of telephone calls regarding customer payments, including dates and times of conversations, to whom you spoke and the outcome, and take action quickly.

• Establish a policy on how long an invoice is allowed to be outstanding before resorting to debt collection and when supply of goods or services should be stopped.

• Regularly review the debtors’ ledger for customers behind with payment. Get sales staff to visit these customers to seek information and set targets for credit collection.

• Employ professional credit staff.

• Carefully consider potential orders with longer payment terms. Consider the implications for profitability, cash flow, financing and bad debts.

• Consider factoring or invoice discounting to help manage cash flow.

• Use business invoices as an instrument to retain customers by way of mentioning discounts, offers and other schemes at the footer.

Using Online invoicing for the above purposes can be the best remedy. It offers clutter free invoicing and allows businesses to keep track of the payments effortlessly. It takes out the time required to maintain paper files from the equation.

This is supposed to the most pivotal and fundamentally transitional phase in the life of any product, service, software or an application and Invoicera is no different. The current Invoicera application would be giving way to the new version of the application. The original conception and notion of our application was inspired by not only to deliver the best online invoicing and billing application but also to save staggering amount of time and money (two things which people are really short of nowdays).

The legacy of Invoicera which initiated with the creation of an attractive website and a powerful application has been the moral fibre for everything that has been achieved so far. It has provided us with the viable ground to attain tremendous success, accomplish awesome milestones and grow exponentially.

Though it is always exciting to highlight the past, but focusing on the future is equally important.

Bubbles of activities at Invoicera have been exploding fast and it is highly motivating as well as challenging to manage the growth. The new Invoicera application will certainly carry the burden of its legacy, but at the same time would prove to be more robust. With state of the art technology and introduction of some of the unique features, the new version will promote even greater growth.

By establishing and providing a new platform, we want to deliver more and contribute to the success of many with limited impediment. Our new enhancement would allow everyone to achieve unprecedented growth and increased ability to streamline their invoicing and billing process.