Accounts receivable for a layman can be defined as a sum of money that an entity owes to an organization in the form of a legally enforceable claim for the payment of the goods or services bought on credit. Most business owners raise the accounts receivable in the form of an invoice which is delivered to the client for disbursement under an agreed time frame.
Refer to: Difference between Accounts Receivable and Accounts Payable Management
Over the years, the task of accounts receivable management has evolved from a simple departmental activity into an intricate process that requires a skilled individual for effective administration.
As they say, necessity is the mother of all inventions. Because it is tough for a normal individual to manage accounts receivable single-handedly, it necessitated the invention of an online software, Invoicera.
This software takes the pressure off of an individual and provides customized solution for effective accounts receivable management. Invoicera can be easily integrated with a number of systems such as ERP solutions, e-commerce stores, order and payment forms, and above all, it can easily be customized as per the business needs. This intuitive software is easy-to-use and is quite advantageous in generating online invoices to help to manage the revenue of a business.
We, at Invoicera, provide a plethora of customization options that are comprehensive yet extremely useful. Once integrated and customized to an ERP or any other system like an e-commerce store or other APIs, Invoicera provides a number of features and benefits that help a company in streamlining their accounts receivable management processes through:
– It helps in providing centralized information about accounts receivable
– It lets you to easily track the receivables, partial payments, outstanding, and overdue cash flow.
– It effortlessly gathers and presents the statistics you need for successful cash flow management in a comprehensible format.
Read more: Way to Optimize Account Receivables Management
Apart from effective accounts receivable management, we provide a number of benefits that include:
– Divisional accounting
– Audit Trails
– Competency to add new customers and codes
– Statement Printing
– Use of Multiple Bank Accounts
– Advanced Sales Tax Support
– Extensive Reporting
Read more: Automate Accounts Payable and Receivable Management
As a value-oriented invoicing service provider, we at Invoicera, aim to provide a wide variety of features, user-friendly interface and enriched functionality to make online invoicing an extremely trouble-free and uncomplicated process.
For any customization related query, Try For Free.
