Many small businesses and freelancers think they doesn’t need to automate invoicing process and doesn’t want to invest in tools like online invoicing. If you also think same, then we suggest to read this blog post once and then decide.
Today, we are going to look at some facts about online invoicing and why we think it's important for small business should use it.
10 Facts about online invoicing that will change your mind:
1. You can send out your invoices immediately
The faster you send out your invoices, the sooner you're likely to get paid. With Online Invoice, it's not the same day delivery but same minute delivery of the invoice!
2. Scheduled invoicing.
With the help of recurring invoice feature, you can set up your invoicing software to send out invoices automatically at specific dates and times.
3. Invoice anytime, anywhere
Access your invoicing application anytime, anywhere no need to wait to reach back to your office. Speed is just one competitive advantage of invoicing online, but the benefits don't stop there.
4. Better invoice tracking
With the online invoicing you can track your due invoices, overdue invoices and automatically generate of payment receipts.
5. Create your own reminders
Set personalise automated email reminders, for due and overdue invoices.
6. Get a better insight with reports.
Good online invoicing application will allow you to generate several useful and insightful report for informed decision-making.
7. Get paid faster
One goal of invoicing online is to reduce the time between sending an invoice and receiving the payment. It can make a big difference to your small business cash flow.
8 Get paid online
No more waiting for cheques to arrive and get encashed. Online Invoicing application now allow you to integrate online payment gateways to accept payment through Credit or debit card, Bank Transfer with just one click.
9. Better security
E-invoicing software is secure and safe to use. It uses special encryption similar to that is used by other financial institutions such as banks. Your clients can trust it, so they're likely to respond to your invoices faster.
Save time and save money
10 Branded invoice
Sending personalised, professional invoice with your company logo to your client make difference. A professional approach is likely to result in faster payment. And it also helps to improve brand for your business.
Online Invoicing can save your time compared to traditional methods, resulting in saving money. So do you think Online Invoicing makes good business sense?
Quick note, ShimBi Labs MyBilling comes with all features listed above, you can try FREE plan and check out if it works for your business.