For most businesses, invoicing, tracking bills and chasing payments are routine tasks that form part of managing the company finances.
Making sure your invoices are well designed and accurate is important, as it will help you get paid on time. It can also offer legal protection, for you – as well as your clients – and validate your business revenue.
Invoice preparation may seem like a simple task, but manually generated invoices can take up a lot of your time. Worse still, any mistakes you make are likely to result in delayed payments, which could cause problems with your cash flow and affect your ability to cover basic overheads – like pay staff or ordering supplies.
That’s where accounting and invoicing software for small businesses can really help.
It’s an automated billing system that can prepare, send and track invoices, reminding clients of upcoming deadlines and helping you keep on top of payments. With cloud-based invoice processing software, you can create, edit and send invoices from anywhere, at any time, in just a few clicks.
Invoices contain important and sensitive information about your and your client’s company. If any of these details are incorrect or don’t match your client’s record, they might refuse to pay. By investing in easy-to-use business invoice software that automatically generates statements using professional templates, you can save time and reduce the risk of human error.