Streamlining your invoicing process gives you more time to focus on other aspects of your business, and with cloud-based accounting software, such as QuickBooks Online, it’s easy to do. Cloud-based software lets you automate the entire process, freeing up more of your time and saving you money.
Automating your invoice processing can decrease your invoice processing time from 20.8 to 3.8 days per month. Automated invoicing software allows you to create online invoices for your customers that are automatically sent out on the date you specify. This feature is really handy when you have clients who are invoiced the same amount each month. For example, invoicing software can automatically email invoices to customers on the 15th of every month. Once the invoice emails go out, you can track them easily. Just a glance at the screen tells you what invoices have been paid and which ones are past due. With a couple of mouse clicks, you can send reminders to anyone who’s late with a payment.
When you use QuickBooks, converting emailed quotes to invoices only takes a few seconds. Once your client clicks the button to accept the quote, an invoice is automatically emailed to them.
How many times have you entered a number into your bookkeeping system incorrectly? Automating your invoice process helps prevent this from happening so you don’t lose money by billing incorrect amounts. It also automatically calculates your local sales tax in the Philippines when an invoice is created.
Automating your invoices saves you time, letting you focus more on attracting new customers, building strong customer relationships, and new product development. Choose an automated invoice system that tracks your income and expenses and continually backs up your data in the cloud, and your accountant will thank you and so will your wallet.