Invoicing

Running a fitness club takes a lot of effort, and handling invoices is no exception.  With a 3-4% annual fitness industry growth over the past ten years and 20% of Americans currently holding a fitness club membership, according to the International Health, Racquet, & Sportsclub Association (IHRSA), gyms and fitness centers are busier than ever.  […]

Owning a digital agency is not an easy job! There are multiple tasks, clients, and invoices to issue. And at times, invoicing becomes so tough manually!   But thankfully! There are a number of invoicing software that could help you to save time and make the invoicing job easy.  The right invoicing tool can help you […]

Managing invoices in financial services is no walk in the park. Every bill, statement, and report has to be just right—because, in this industry, a minor mistake could mean a major migraine.  It’s not just about sending an invoice; it’s about doing it with precision, ensuring compliance, and, of course, making a good impression on […]

Billing for legal services isn’t as glamorous as arguing in court, but it’s certainly essential. In fact, it’s a key part of keeping a law firm running. As shown in the most recent Legal Trends Report, the average lawyer billed just 2.9 hours (37%) of an 8-hour day.  This indicates that many lawyers either don’t […]

There was once a bustling travel agency that catered to all kinds of clients, each with unique travel dreams—from surfing in Bali to vineyard hopping in Tuscany.  But as the agency’s bookings grew, an unexpected problem surfaced: invoicing. Just like the travel industry itself, their billing needs were a fast-moving maze of custom requests, multiple […]

Effective management of cash resources is one of the most critical success factors in any organization.  For many companies, managing accounts receivable (AR) and accounts payable (AP) is a constant challenge, with delayed payments, manual errors, and lack of real-time visibility causing significant disruptions.  A study by Atradius revealed that 48% of B2B invoices in […]

Introduction The world of Goods and Services Tax (GST) is filled with many challenges that business entities encounter, most especially when issuing invoices.  These challenges often include navigating varying tax rates across states, complying with ever-changing regulations, and managing the complexity of manual invoicing systems. These hurdles can lead to significant delays in invoicing, increased […]

Introduction The process of invoicing is very important for any business as it promotes adequate compensation for services provided.  Many businesses rely on Microsoft Excel for invoicing due to its ease of access, but this is becoming less effective owing to progressive technology. As businesses grow and evolve, there is a need for a better […]

The manual invoicing process can take an average of 14.6 days, while automation does this in just a few hours – Aberdeen Group As your business scales, handling the invoicing manually becomes extended and demands additional effort and resources. Moreover, it could lead to errors, delays, and cash flow issues.  As mentioned above, automation reduces […]

Introduction Managing invoices for global travel companies can be a tough task, especially when it involves handling multiple destinations with varying rates and taxes.  Every travel company willing to maintain operational efficiency and client satisfaction must streamline this process.  Let’s admit it: Travel companies pride themselves on their wealth of local knowledge and on offering […]

Invoicing is an important component in managing your finances, but if you go through just a minor error, you might face a significant loss, which could even lead to strained client relationships.  Talking about traditional invoicing process, they are more prone to mistakes as data is entered manually, and miscalcluations might occur.  Fortunately, the day […]

Introduction  The IT industry doesn’t struggle with development or providing other tech services; rather, it struggles with financial management.  According to SCORE, “82% of small businesses fail due to issues in managing their cash, and that’s due to the inefficient invoicing process.” Have you ever thought, what’s the main issue behind this?  Although a lot […]