Everyone likes getting payed, that is one thing we can all agree on in the business world. Keeping track of payments and invoices can be a nightmare but staying on top of these things are key to your keeping your business alive.
Getting set up with an online invoicing platform thats sole purpose is to make these things easier is a great way for your business to stay on top of its finances.
Here are 3 reasons why Online Invoicing will help your business:
1. Save Time
Sending out manual invoices is a not only a pain but it really is a thing of the past. Don't waste your valuable time trying to get paid. Invoicing templates are a great way to speed up the task of creating invoices. Many businesses have clients that they invoice regularly and the ability to automatically send those on a recurring basis is a huge luxury. Getting paid should be easy and fast not a headache.
2. Know who pays and more importantly who doesn't
The whole reason you invoice in the first place is to get payed, so there is no reason you should be unaware of unpaid or overdue invoices. With platforms like due you can always stay on top of the status of your invoices. Being able to send reminders which give your client a notification can help for situations where you have to ask a deadbeat client for money. Nobody likes hearing "the checks in the mail" type of excuses and you want to ensure you are getting payed on time.
3. Get Paid More Often
Your brand is very important even when it comes to the invoicing space. You are 3x more likely to get paid if you add a company logo to your invoice. With the ability to add your logo easily, set due dates, and add specific notes you are increasing your chances of getting paid. You don't need to be a be a design major to make a nice looking complete invoice. The more professional your invoices look the better chance you have of getting paid, and thats a fact.
Invoicing isn't about having large stacks of unorganized papers on your desk, its about getting payments into your clients hands. There is no excuse to be spending excess time to be less organized and less efficient. These are just three of the many reasons online invoicing will help your business.
3 ways Online Invoicing Will Help Your Business was originally published on the Invoicing blog by James Stoner.