In the modern world of business, electronic invoicing has become a common tool. It makes for seamless transactions and the benefits towards a positive cash flow are fundamental to small businesses. Are you yet to utilise this and are you aware of the advantages of doing so?
Convenience and time
Most importantly for some, invoicing systems can save you and your business time. This will give you the freedom to do what you do best.
Remembering each client’s outstanding balances and deadlines can be arduous and time-consuming, yet the ease of email reminders will alert you of upcoming payments and the ones that are overdue too.
An invoice system will process an invoice to be sent directly to the customer, stating the amount owed and for which products; the deadlines for payments and then outlines the ways in which they are able to give this to you. All of these benefits can then be combined and engineered to be sent for recurring payments.
Control of finance and improving cash flow
In today’s society, our culture can consider it rude to demand money from someone. Sending an invoice can eliminate this, asking for your money owed in a more professional and formal manner.
Many businesses will agree that using an invoicing system improves the likelihood of you being paid more promptly; In fact, some customers won’t pay until they have received their invoice.
“How would you like to pay for that?” Direct your customers straight to your website for on online payment using a credit or debit card, refer them to a telephone payment system, allow for cheques or even offer PayPal services. It’s up to you how you want to be paid, but the more ways they are aware of means it’s easier for them to make an instant payment.
Make invoicing part of your business’s DNA. Time and money is important and you could have more of both.
For more information about how Purple Haze can help you and your business with invoicing systems, email us at email@example.com.