A properly designed invoice helps you get paid on time, provides legal protection for you and your client, and validates your company’s revenue. While invoices are undoubtedly important, you don’t need to spend time or energy manually generating them.
Manually generated invoices can often include errors that can lead to late payments and ultimately harm your business’ chances for success. A constant cash flow is necessary for keeping the lights on, paying staff, and purchasing supplies. When payments are delayed, it can create significant problems. Yet small businesses spend an average of 130 hours each year chasing late invoices and often don’t receive outstanding payments until 30 days after the contractually agreed terms.
Invoicing software helps you get paid on time
Unpaid invoices happen for many reasons. One of the most common reasons is when statements contain errors. Invoices include crucial information about your company, your client, and the services provided and clients can refuse to pay when this information is incorrect or doesn’t match their records.
Invoicing software avoids human error by storing customer data and automatically generating statements. Sage also offers invoicing templates to make it easy to create professional invoices. Our templates work seamlessly with Sage invoicing and accounting software and make payment processing easy, so you won’t need to waste valuable time or worry about typos delaying important payments.
What is invoicing software?
With invoicing software, you can easily create, edit, and send invoices from anywhere, at any time. An automated billing system promptly dispatches and tracks invoices to help reduce the risk of late or missed payments. Invoicing software can also remind customers and clients about upcoming deadlines.
Plus, when using invoicing software, you can effortlessly track payments, so you’ll always have real-time information about your finances and cash flow.