As a travel agency, managing invoices can be a complex and time-consuming task. Manual invoicing system can lead to numerous problems, such as: Limited accessibility Reduced productivity Delayed payments Lack of branding Inability to record outstanding balances If you ignore such issues, they can also become a reason for the downfall of your travel agency. […]

Invoicing is known as an essential part of running any business, big or small. Invoicing software has made the invoicing process Simpler Faster More efficient Allowing businesses to focus on their core operations. Did you know? The Invoice Automation Software market was worth $2,286.3 million in 2021 and is expected to reach $7,188.8 million by […]

Subscription-based models have gained immense popularity, revolutionizing how companies generate revenue. Without a reliable subscription model, you might have to face the challenges such as: Unpredictable cash flow Inconsistent revenue streams Reduced customer lifetime value Difficulty in forecasting future sales and revenue projections This blog will provide a deep understanding of subscription billing, its key […]

Invoice automation solutions control how customers pay and lower the investment cost on an Account Payable (AP) team. The AP team manages customer service and orders and tackles the arduous task of keying hundred of invoices and verifying them against their original purchase orders. It is a laborious and time-intensive task. Businesses can skip this […]

Getting paid on time is essential for any business to streamline cash flow, but unfortunately, it doesn’t always happen. This is where invoice dunning comes in. Invoice dunning is the process of sending reminders to clients who have outstanding invoices in order to encourage them to make payments. However, manual invoice dunning can lead to […]

Invoices are the backbone of cash flow, business accounting, and inventory tracking. For any business to thrive, it is needless to say that invoice management should be spot on. Although many businesses have automated the process with online invoicing, some are still taking the conventional route of manually processing everything. If you are a small […]

We all know that cash is king when it comes to running a successful business. But did you know that timely payments are the key to maintaining a healthy cash flow? It’s especially important when you have multiple ongoing projects with different clients. The problem is that manually managing invoices and payments can be a […]

Like most business owners, you also understand the importance of invoicing and know that it’s an essential part of running your business. However, creating and sending invoices can be time-consuming and tedious – not to mention. It’s easy to commit a mistake that can cost you money. The good part is that you can automate […]

When you start up your business, there are many startup mistakes to consider before setting out to fulfill your dream of becoming an entrepreneur. Prepare yourself financially to start right and avoid the expenses of starting and running your own business. When putting together your business plan, it’s essential to plan for these expenses, as […]

The rapid move of the world towards digital technology is making it essential for businesses to take a more strategic approach to handling their business activities. Cash flow management is one crucial task that any business needs to handle carefully. Accounts payable and accounts receivables should be recorded carefully in order to have a clear […]

Several technological advancements have changed the way we do business, and mobile payment apps are no exception. Payment apps make it easier than ever to connect with customers, clients, and vendors in new ways and on the go. Mobile payment apps can be integrated into your cash flow model to improve the efficiency of your […]

what is procure to pay How does your organization conduct procure-to-pay processes? How long has it been since you’ve thought about your business’s procurement-to-pay process? Not sure? Well, you’re not alone. It’s a situation that needs immediate attention. For many businesses, the answer might be awhile. But neglecting to refine and improve your procure-to-pay operations […]