Online Billing Frequently Asked Questions


Posted on 04 Sep 2013 10:33 in Small Business Hacks by ShimBi Labs

Are you thinking to shift to online or electronic billing system? Then these frequently ask question may help in your decision making

Q: What is Online or Electronic Invoicing?
A: Online invoicing is the easiest & simplest way to invoice your customers. Create, Send and Manage your invoices & receipts online. Accept online & offline payments from customers. Not only this but you can also create elegant looking estimates and Quotes in minutes and convert them to invoice in one click.
One such example of online invoicing is ShimBi MyBilling.

Q: Why are companies considering Online or electronic invoicing?
A: Online or electronic invoicing eliminates costly paper processing expenses, reduces rework and facilitates timely invoice payment.

Q: What are the benefits of ShimBi MyBilling?
A: Following are few top advantage of using online billing Systems -

• Smarter invoicing
• Access Anytime, Anywhere
• Powerful reports
• Get paid online & offline
• Your data is always safe
• Take total control

Q: What are the benefits to my company?
A: Benefits include viewing purchase orders, invoices, credit memos and payments data 24/7. You can easily submit invoices that meet companies requirements and get paid faster. Plus you can get questions answered quickly.

Q: How are payment terms affected?
A: Payment terms are not affected by online or electronic invoicing. Invoices are paid faster since mail processing time is eliminated.

Q: How much does it cost?
A: In most of the cases very low! Many of these services are available in SaaS (Software as a Service) form. You pay as you use. ShimBi MyBilling even offers basic account free for life, you can add up to 1 user and 5 clients.

Q: Who can use online or electronic invoicing?
A: Anyone! Be it small or medium size businesses, family business, professional or freelancers everyone need to invoice their customers, and online invoicing is the easiest way to that.

Q: What is the required area of expertise for using online or electronic Invoicing?
A: Usually these online invoicing system are built for people with basic computer skills and general accounting knowledge. They are easy to use.

Q: Can we generate unlimited invoice and receipts?
A: Depending on your plan you can generate number of Invoices, ShimBi MyBilling will allow to create unlimited customers, estimates, invoices and receipts with its top plan.

At ShimBi Labs, we are now preparing for the Open Beta Testing version for ShimBi MyBilling. If you are interested in trying the Beta version, click here to register with our mailing list and get an invitation.

About the author

ShimBi Labs        
Established in 2005, Shimbi Labs was born with the idea of developing simple, powerful yet affordable software. At Shimbi Labs, we create beautiful software to solve business problems.

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Found a lot of useful answers here. Thank you!

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