Invoicing

Introduction Managing invoices for global travel companies can be a tough task, especially when it involves handling multiple destinations with varying rates and taxes.  Every travel company willing to maintain operational efficiency and client satisfaction must streamline this process.  Let’s admit it: Travel companies pride themselves on their wealth of local knowledge and on offering […]

Invoicing is an important component in managing your finances, but if you go through just a minor error, you might face a significant loss, which could even lead to strained client relationships.  Talking about traditional invoicing process, they are more prone to mistakes as data is entered manually, and miscalcluations might occur.  Fortunately, the day […]

Introduction  The IT industry doesn’t struggle with development or providing other tech services; rather, it struggles with financial management.  According to SCORE, “82% of small businesses fail due to issues in managing their cash, and that’s due to the inefficient invoicing process.” Have you ever thought, what’s the main issue behind this?  Although a lot […]

1.3 million people travel for work purposes every day in the U.S. alone. As the demand for corporate travel continues to rise, the complexity of managing these trips also increases. With hundreds of trips to manage, Travel Businesses find it difficult to manage their billing manually. Even if you are a startup travel company, managing […]

Introduction  Managing money well is crucial for a business, and invoices are most helpful in this regard. An invoice is more than a charge; it is formal documentation of a commercial deal in which both the payer and the payee agree. Every individual and organization must be aware of invoices and all associated concerns. Did […]

Introduction Telecom companies face a big problem: dealing with billing and cash flow. With numerous customers and various service types, billing mistakes are bound to happen. A study by Ovum tells that telecom companies annually lose 2% of their revenue because of billing mistakes.  Those are billions of dollars falling through our fingers.  This is […]

Introduction The business landscape has changed forever because of cloud-based systems and technology. Cloud-based invoicing, for one, helps small businesses stay financially healthy. Many business owners overlook the importance of their invoicing systems, which is understandable as their focus is often on networking, strategizing, and boosting sales. However, even with success in these areas, the […]

Introduction Ever spent hours buried in spreadsheets, manually creating invoices and chasing down payments? You’re not alone.  A recent study found that 60% of contractors spend more than 5 hours per month on manual invoicing tasks. ‍ That’s valuable time that could be better spent focusing on what you do best: building and delivering exceptional […]

Introduction A professionally-looking billing statement is always an important part of your business, which is why you need to focus on creating well-organized and easily comprehensible billing statements. There are free invoice templates that are available in a variety of formats and styles, but customized billing statements are preferable so that your customers can easily […]

Introduction Are you having a hard time creating professional invoices? You’re not alone. According to the survey, more than 60% of small business owners consider it a time-consuming and irritating task to issue invoices. Worry no more! Online invoice generators have made it possible for businesses to manage billing in different ways. With just a […]

Introduction Have the tinted hours of manually overseeing your company’s invoices become your partner? Is it all about the paperwork that just causes confusion and lost payments, and how do we promptly keep up with the bills? If that is exactly your situation, then you aren’t alone too. For small-sized enterprises, invoice management is a […]

Introduction As a lawyer or legal consultant, your entire day is spent on constantly brainstorming about your client’s legal issues, solutions and potential risks involved in their daily business activities. But how often do you think about potential business risks in your business activities? The money that you’re losing right now? How much time do […]