Invoicing/billing is one of the most important business activities. Businesses are adopting technology to automate invoicing and speed up this exercise. Online invoicing software allows you to standardize invoices and also reduces the chances of error.
Highlights of Contents
Importance of Online Invoicing Software–
Instant Invoicing – An online invoicing software allows you to generate invoices immediately. You won’t have to deal with any calculations as the software would automatically generate invoices for the time period you choose. It saves quality time and resource.
Time Tracking – You can keep track of your time spent on each task. Add projects quickly with respective tasks. You can monitor the time distribution across all projects and start/stop timer when required.
Multiple Users – You can increase productivity by allocating tasks among different team members. You can also give them the permission to manage all their transactions individually. You can set custom permission for different users.
Instant Invoicing – An online invoicing software allows you to generate invoices immediately. You won’t have to deal with any calculations as the software would automatically generate invoices for the time period you choose. It saves quality time and resource.
Time Tracking – You can keep track of your time spent on each task. Add projects quickly with respective tasks. You can monitor the time distribution across all projects and start/stop timer when required.
Multiple Users – You can increase productivity by allocating tasks among different team members. You can also give them the permission to manage all their transactions individually. You can set custom permission for different users.
Consolidated Expenses – With invoicing software you can convert expenses into invoices and forward them to respective clients. Standardized and professional looking invoices would add to your brand value.
Multiple Payment Gateways – Modern invoicing tools allow your clients to make payments using multiple gateways.
Data Backup – All the data generated can be stored in a secured online server and be accessed whenever required.
Multi-Language and Multi-Currency – You can generate invoices for clients in their native languages. The in-built currency conversion feature allows you to bill in a number of currencies taking into account the latest exchange rates.
Its Green – You would be saving tons of paper by sending online invoices to your clients and this can be a part of your green initiative.
Online Invoicing Software lets you track
- Total/Individual Billed Amount
- Total/Individual Received Amount
- Total/Individual Outstanding Amount
- Part Payments Received
