Invoice exceptions aren’t new but in a digitally driven world it is hard to accept the fact that 31% of the Purchase Order Invoices result in exceptions. These require manual rework before they are approved for payment. This was the outcome of a recent study conducted by one of the leading market research firms. Over 200 industry professionals participated in this research. Now let us discuss the findings of this research and discuss the three common causes of invoice exceptions
An invoice is known to be the most precious contact that you may carry after the completion of any sales transaction with your client. In order to get the payments for your invoices, you need to make sure that it should be well informative and professional. A straightforward invoice free of clutter of words and various complicated terms, makes it easy for your customer to understand it at a glance. On the other hand, an invoice, created with an incorrect format, having loads of undesirable terms can confuse your customer, and may result in delayed payments. Let’s discuss some of the quick measures that can be used to bring ease to your invoice management:
In order to successfully run a web design agency or be successful as a freelancer, one needs to focus on three major things – quality of work, customer satisfaction and proper invoice management. Many designing experts feel uninclined towards the financial aspects of a business; however, it is highly crucial that one handles it with accuracy and meticulousness. One of the major aspects of the financial side of a business is appropriate invoicing of the work for the clients.
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Invoicera helps you in creating and managing your invoices with a great ease. Below you may check one of our infographics designed specially for new users to get them familiar with creating invoices, invoice estimates, recurring invoices etc.
All freelancers and SMB owners normally feel skeptical about the billing and invoicing for their services. It can be somewhat intricate process for small scale enterprises to send out invoices than focus on the growth of their company. There is a huge possibility of not getting the payment in a timely manner, even if these invoices are sent to the clients’ inbox. It is a common tendency for a freelancer to think that the more he works, the more shall he get paid; however, if there’s no guarantee for the payment to be released in time, the growth definitely suffers.
Over the last few years, freelancing has become an attractive career option for many. A freelancer is one who works independently on temporary contracts rather than for a long-term employer. They can work for multiple clients at the same time and essentialy sell their services to the highest bidder. Writing, designing, marketing are some of the areas where a large number of workers have turned freelancers in the recent years. Freelancers can both work part-time or full-time and usually get paid on a project basis without any fixed monthly remuneration. Though highly rewarding this industry is also highly competitive thus each project delivered can potentially open or shut future opportunities.
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Online Invoicing is performed using an Online Invoicing Software, which is developed to facilitate you to Conduct, Streamline and Automate all kinds of invoicing operations for your business. It is user-administered and therefore can be easily customized by your in-house staff according to your business needs. It can handle a vast database of your clients and makes your job easy through its smart work and job systems. The best feature of Online Invoicing Software is that its Auto Invoice Process executes all your outstanding invoicing tasks by a single click. Invoicera, which is an intelligent online invoicing and billing software, provides Seamless Online Invoicing Solutions. It is a web-based software and can be easily downloaded on your system. Read More >>
We know how much you love Invoicera as it has continously been helping you ease-up your business via online billing/inoicing. Looking at your ever-encouraging support, we have planned to add-up the overall functionality of the online biling application. You must be keen to know what could be more…