Tag - Billing software

Benefits of Efficient Online Invoicing for Small Businesses

invoicing software for small business

 

Do you know? It takes almost 25 minutes for an accountant to create an invoice manually. Starting from filling out client details to creating an itemized list, adding taxes and later on making exact calculations for completing the invoice.

 

While the same process of invoicing when handled with a small business invoice software generally takes up to 4-5 minutes, as suggested by random small business owners using online invoice software for small businesses. The reason that helps them compress time is held with the artificial intelligence of such invoicing portals. Invoicing software allows you to save taxes, client information and other information for invoicing with the cloud for future communications & invoice creations. Simply select items from drop-down lists and you’re good to go. Moreover, no more manual calculations!

 

Let’s have a look over 11 huge benefits of Billing Software for Small Businesses: 

 

1. Automation makes processes improved and faster

 

Using advanced billing software for small business generates invoices automatically and quickly, and such automatically-generated invoices have much fewer mistakes in compared to manual billing. It makes your business look more professional, which, in turn, brings a positive attitude towards your company in the minds of your customers.

Furthermore, this kind of technology-powered software keeps your customers reminded of their due payments, and when they are unable to pay on time, then the system generates an invoice with late fees to give your customers a clear idea of the whole amount to be paid.

 

2. Simple Payment Method

 

small-business-invoicing

As you know, the more payment options somebody has, the easier it will be for them to pay. When 30+ payment gateways appear to your clients, they can pick the most convenient one for them to pay you.

According to business experts, convenience plays a very important role in customer retention. In a nutshell, customers stay for the long term with those service providers offering comfortable services.

 

3. Exact and Detailed Financial Analysis 

Latest technology-powered small business invoice software has innumerable features to allow their users to have exact and detailed financial records like their payments due, receivable amounts, taxes, etc.

It not only helps them get an accurate invoice generated, but it also allows to make further plans and strategies having an exact of their budget. And, the business can take risks as per the budget for its growth.

 

4. Better Database Management 

 

Manual database management becomes a long-term and tedious task requiring a bunch of efficient accountants. The solution to this problem lies in using online invoicing software for small business with advanced features to manage your clients all purchase orders and payment records properly and fast.

It gives birth to a sense of security in your customers’ minds concerning their data security, which makes them set you apart from your competitors.

 

5. Handle your Subscription Business 

 

Do you own a subscription-based business and send invoices to your customers on a monthly or weekly basis?

If yes, then we can understand the troubles you face in preparing bills manually. Banking on advanced billing software for small business with subscription feature can be wise for you, as it will generate invoices and send them to your customers on a regular basis to make it look more professional and serious.

This way, you impress your customers with your punctuality, and they tell their friends and relatives about your timely service system, thus bringing more new clients and customers to you.

 

6. Easy Staff Management 

 

As a business, you must be aware of the value of your business staff. But, managing them becomes quite difficult for you, especially if you are off the office. So, how to conquer this issue?

Go for modern invoicing software for small business coming with the feature of staff management. It helps you be present virtually in your office and keep your staff accompanied by you. Mistakes and misunderstandings are common when your staff is working on a project without your guidance.

If you guide them properly by using such modern software systems in giving them permissions, accessibility, advice, latest information, then they will complete the project with flying colors, thus winning your clients’ hearts.

Additionally, you will have a detailed timesheet of your workers by using such software.

 

7. Customized Invoicing with the Best Invoicing Software for Small Business 

Every business wants to be unique, thus requiring its own different template as per its specific needs. So, here the requirement of customization comes into play.

And, customized templates allow businesses to generate invoices differently, and hi-tech billing software for small business can generate such invoices by providing businesses with customized templates.

In the market, looking and giving something unique and different is one of the best tips to grow your business.

 

8. Track and Manage your Expenses

Manual expense management and tracking become very difficult, leaving the businessman confused in when, where, and how to spend due to the consumption of too much time and innumerable errors. An advanced small business invoicing software system with the expense management feature allows the businessman to know exactly where their money is going.

Moreover, it allows them to know if their expenses are over the limit, thus helping them manage their expenses efficiently and conveniently.

 

9. Multi-Currency and Multi-lingual Convenience

In this Internet-enabled era, most people prefer paying bills online to offline, which means you can get payments from any geographical area of the world. And now, the problem is whether your invoice software gives a clear idea of the amount you will get in your own currency or not.

Take a deep breath and become relaxed because the latest billing software for small business can do so. Additionally, foreign language barriers are also eliminated for better communication with your clients over the invoice.

 

10. For the welfare of nature

Manual invoicing preparation requires the consumption of papers considerably. It comes up as the major reason for the cutting of trees, thus leaving our Earth more affected to pollution and global warming.

On the contrary, advanced automated billing software for small business doesn’t require any paper to generate invoices. In fact, it’s electronic pages are nature-friendly, and help us keep our environment safe and pollution-free, as no more papers are consumed.

 

11. Gearing Up for a Better Tomorrow

Being dependent on small business invoicing software helps us prepare for a better tomorrow. In the future, the whole world will adopt advanced technology, and automation will be preferred. Know the Secrets how to buy Invoicing software for your Business.

So, if you adopt such technological systems, then you will be able to keep up with the modern world, thus keeping your business not affected by the change of technology.

 

Conclusion 

The more customers you have, the more complex it becomes to create and manage invoices for them. You’d better go for the best invoicing software for a small business capable of replacing manual billing processes at lightning speed.

It’s wise to invest in a small business billing software. Some of its benefits to give you are:

  • invoice formation conversions
  • new customer connection activation
  • tax compliance assurance and the like

Additionally, it helps you save costs and provide better customer services. Choosing the best invoicing software for small business helps a businessman by lessening administrative costs, providing business with indubitable efficiency, and automated AP/AR processes. Such advanced small business invoice software helps global businesses and their suppliers get rid of growth-preventing challenges.

 

small-business-invoicing

Online Invoicing & Billing Software: Key Features & Vital Elements

Online invoice software

Do you still send out printed invoices that tends to be inefficient for your business ?  The invoices send via email get lost by the customers. A lot of problems that come up with the paper-based invoicing are known to everyone. Keep track of the bills and the payments easily switching to online invoicing software. This reduces the costs and speed up payments that benefit your business. Also, send out invoices that reduces the workload in the timely manner.

No need to chase for timely payments and invoices. Look for the online invoicing software that solves all your worries and built your credibility online.

Eliminate many problems as mentioned below and keep your business more organized and efficient.

  • Inefficient management of users signups, activations, trials, upgrades, and downgrades.
  • Receive recurring payments, reconcile and manage them at any frequency
  • Options to track number of invalid payments with exact recognition of failed transactions
  • Cost center, duplicate errors in purchase order allocation that mismatches its freight
  •  The time required to fix errors is disproportionate in online invoicing process.
  • Tax return filing, special VAT invoices, administration requirement of the tax authorities are more complicated
  • Deduction of risk due to inconsistency

  • Ensure a secure connection between the company’s web server and customer’s browser
  • Managing the client account and resolving invoicing queries
  • Reducing invoicing errors and making sure that the invoices are sent to clients in a timely manner
  • Maintaining records of project expenses
  • Defining task with ease and sending out bills quickly
  • Delegating the invoicing tasks to staff members
  • Making sure that the business expenses are under control
  • Data securely stored and backup
  • Be responsive of the client details and the prospective customers who contacts you.
  • View custom reports that depends on different criteria such as customer category report, state wise, country wise, company wise report etc.
  • Integration with client management systems

Add up the key actions against these challenges to overcome and improve productivity to new level.

Out of many challenges, there are no challenges that can’t be overcome. Boost your business by taking right steps with online invoicing solutions.

Identify the plenty of ways to get over those hurdles.

Improve & Automate Processes:

  • Automate invoice scheduling and relax.
  • Create recurring invoices and retain clients.
  • Automate late fee and payment reminders to get paid quicker
  • Automation ensures better resource utilization and cost cutting.

Simplified Payments:

Integrate with Legacy Software:

  • Simplified integration with existing CRM and ERP tools.
  • API integration to integrate with 3rd party tools and eCommerce integrations.

Detailed Financial Analysis:

  • Achieve your overall financial goals with simplified reports generation.
  • Manage reports of outstanding and payments for a healthy cash flow.

Improved Document Management:

  • Manage all client estimates and purchase orders with ease.
  • Ensure all B2B documents are managed efficiently.

e-Commerce Integrations:

  • Integrate Invoicera with your e-Commerce platform and automate your e-Commerce invoicing.
  • Benefit from a smooth invoicing and payments process.

Manage Your Subscription Business:

  • Subscription billing helps in sending bills to customers on a periodic basis, improving productivity of the invoicing process.
  • This helps in retaining long term clients.

Simplified staff management:

  • Assign clients, sections and define roles for staff members.
  • Control staff activity with permissions related to tasks and accessibility.
  • Details of their last login can be checked. Estimate to invoice ratio of each staff member can be viewed.
  • Detailed time sheets of staff members can be viewed on a weekly and monthly basis.
  • Tasks can be managed effectively and efficiently. Appropriate tasks can be assigned to respective staff members.

Bespoke Invoicing

  • Customized invoicing solutions, according to specific business requirements.
  • Add functionality requirements and improve business productivity.

CONCLUSION:

Otherwise, online invoice software is a wise investment that you won’t regret to make. You have a record of all previous invoices for your customers and any details you may need in the future can be well known with the proper usage of online invoicing software. Look for very easy and quick solutions to add an item to your invoice.  Experience improved cash flow by using an online invoicing software.

FREE ONLINE INVOICE SOFTWARE FOR SMALL BUSINESS: INVOICERA

Choose the right online invoicing software like Invoicera that speeds up and simplify the business processes. The many other features includes:

 

Latest e-Invoicing Trends [Infographic]

It’s no surprise that e-Invoicing is becoming more prominent with the maximum volume of invoices processed annually.

According to the recent survey and statistics,

  • – The use of electronic invoices appears less than 8 percent of the volume of invoices.
  • – The total share of invoices come up with 27 percent in Germany.
  • – The payment transaction grows up to 22 percent per annum in Europe. Also, 16 billion B2B invoices are processed each year in Europe alone.
  • – U.S. generates as many as 25 million invoices annually. It also exchanges nearly 25 percent of the invoices electronically.

The widespread adoption of e-Invoicing improves productivity and save costs!
3-jh1

 

e-Invoicing software provides AP automation, increases compliance and eliminates paper.  An online e-Invoicing software like Invoicera helps in accurate, efficient and timely invoice/payment processing.  Here are some of the key features:

  • – Expense management and control
  • – Automatic payment reminders
  • – Integration with legacy systems
  • – Simplified vendor management
  • – Error free and professional business invoicing
  • – Custom workflow management

Best Online billing Software

Learn how 3 million users benefitted from Invoicera : Try For Free

 

 

 

 

Factors To Consider While Selecting An Invoicing Software [Infographic]

There are numerous factors to consider when analyzing invoice applications, and those factors will shift depending on your company. Cost and ease of use are probably two of the most essential, but if you’re a big organization, there’s a lot more to consider. Not only do you need to send out invoices to different customers with different billing needs, you also want to collect time sheets and expenses from different sources. So what should you search for in an invoicing software?

Factors to Consider While Selecting your Invoicing Software

Wishing Everyone a Very Happy & Prosperous Diwali

Just dropping a quick note to let you know that Invoicera office would remain closed on Friday i.e. 5th November 2010 for the occasion of ‘Diwali’. Therefore, it would be an extended weekend of 3 days, but we would be all up and high on Monday.

Unfortunately it would not be possible to answer your queries on either support or live chat for three days. But we would make sure the system is working fine and you shouldn’t have any problems getting into your Invoicera account. We’ll all be bouncing back on Monday morning, refreshed from the long weekend and ready to tackle your toughest questions.

New Client Preview Section Available for Comprehensive Reporting

Over the past few days we have been meticulously working on prioritizing and preparing a list of upgrades/feedback that have been long due and need to be implemented on immediate grounds. One of the most important and significant section of the application is the ‘client preview’ section. Ideally it should give us the bird’s eye view of even the minutest of details pertaining to any specific clients. Therefore, after reviewing this section of the application from the user perspective almost countless times followed by as many deliberations, we decided to necessitate the required enhancements. Read More

Multiple Language Enhancements for Trouble Free Invoicing

With multi-language invoicing recently arriving at Invoicera, it has become one of the most prevalent and widely used features amongst our users. The flexibility and expediency it brings along has benefited many and also facilitates better, powerful, efficient and localized invoicing. This was the paramount objective with which it was brought into effect.

To extent the advantage further we have made few enhancements in the way multi-language invoicing is done. Till now it was only possible to create an invoice in any language by typing that particular language and manually replacing the invoice headings. But it would now be possible to generate invoices in 11 different languages with just a single click. Read More

Invoicera Rolls out Multiple Language Invoicing and Invoice Customization

Hola amigos! We bring you some very exciting news this week as we roll out the most puffed feature – Multiple Language Invoicing.

You can now send invoices and estimates in any language that you wish to, be it French, German, Spanish, Dutch so on and so forth. This is where Invoicera’s multiple language invoicing is different from the rest. We not only support all major languages but also support not so commonly used languages. This would enable our users to create and send invoices in their local language, hence facilitating better, powerful and efficient invoicing. Read More

Invoicera Gets its Price Tag

On the rarest of occasions we have failed to surprise both our present and prospect customers and endeavour to surpass their expectations every time. We have decided to go hat in hand to all the good folks of Invoicera, with the promise of super efficient application, pointing towards our newly released pricing plans.

Invoicera now comes with a price tag that is a ‘fit for all’ and every single package adding immense value at the most affordable price. If you are still wondering what endearing ecstasy you could bring to yourself, your business or your business denizens look no further than Invoicera.

By purchasing any of our pricing plans, you would not only be buying a robust online invoice and billing application but also reliability, scalability and high profitability for your business.

We intend to keep our long made promise and deliver the best to our Invoicera community.

Happy Invoicing