Invoicing

Introduction  What is the first step to take when you want to start a business? Some would argue that it’s coming up with an idea and building a prototype. We disagree! The very first thing you need is your financial forecast. A business financial forecast is a crucial piece of financial information that lenders and […]

Introduction Errors are inevitable in any process. Although sometimes they might be annoying and time-consuming to rectify, it’s not impossible to fix them. And we know you are having difficulty managing your accounts payable errors, but it is crucial to maintain a healthy financial system. We aim to empower you with practical tips to help […]

Introduction Small businesses offering professional services must invoice their clients frequently to get paid faster. Did you know?  61% of invoice late payments are the result of incorrect invoicing. Source: Amalto A service invoice must include all the necessary details to make a self-explanatory invoice. Including an itemized list of services, business transactions, last date […]

Introduction So, if you are here, you must be looking for a detailed explanation of how invoice payment works!  Let’s get a little into Invoices.  These are the most crucial aspect of any business transaction and play a big role in getting money into your company. This is where it becomes important to understand the […]

Introduction Imagine you are running an international business and exporting handcrafted furniture to any other country. So, how are you going to make transactions? Invoices play an important role in completing the transactions between two businesses. Do you know?  The market share of online invoices is 20.4%, and it is expected to grow by 80% […]

Introduction  Are you finding it difficult to get prompt payments for the services offered to clients? Or are you sick of overdue invoices and wondering if there is any secret to a faster paycheck? If yes, you need to learn the art of effective invoicing, eventually changing the whole game of managing business finances. A […]

Do you also belong to the gig economy? If so, you’re likely a freelancer or contractor struggling with invoicing challenges. Invoicing is something that does not catch one’s attention till one faces some financial constraints. And it is one of the most overlooked aspects when talking about financial management. But, trust me, invoicing can change […]

Introduction Running a small business always comes with unique challenges, but managing finances shouldn’t be one of them. The right invoicing software can make this job easy by streamlining your billing process and improving your cash flow.  As per FMI report, the invoice processing software market saw revenues of $22 billion in 2022, with projections […]

Do you spend endless hours managing stacks of paper invoices and chasing payments? If so, you’re not alone. According to the “Working Capital Playbook” a PYMNTS and YayPay collaboration, 93% of companies face late payments from customers, which impacts their cash flow and overall financial health. Thus, there is a need for a more streamlined […]

With rapid economic shifts, this year may be ideal for reevaluating your pricing strategy.  Determining when and how to increase your rates can be daunting as a business owner.  You likely already have an established pricing structure but may be unsure how high to raise prices to boost revenue without losing customers. This dilemma leaves […]

Introduction Stuck sending invoices by hand, chasing late payments, and drowning in paperwork? Traditional invoicing methods can slow you down and limit your business growth. But what if there was a better way?  This post discusses useful invoicing features that can simplify your processes, boost efficiency, and unlock new revenue streams. We’ll dive into time-saving […]

Introduction Are you confused about whether to switch to paperless invoicing or not? You might be facing these issues if you are still using paper invoices: Organizing the invoices can be time-consuming.  Excessive paper usage and waste Manual handling leads to delays Expenses related to printing, postage, and storage Businesses worldwide generate a staggering 20 […]