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The invoicing computerized solution is designed to generate bills by sellers for products or services sold to their customers. Creating invoices by hand is a cheap method that brings companies, including small businesses, many disadvantages. Not organized documents and kept in no single place makes it difficult to recall the invoices, perform queries, create reports, generate statistical data, and make other operations. Therefore, organizations, even small businesses, prefer to use invoicing or billing software instead of the manual writing invoices.
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The main benefits of using invoicing software are:
- organizing and storing data, including billing data, in a single place;
- availability of many different features such as auto-fill date, etc.;
- easy creating and sending invoices to customers;
- customizing the templates of invoices for each product and service;
- creating customized invoices;
- reduce the paperwork and less using of paper;
- saving the employees working time and improving their efficiency;
- ability to save the products and customers information for the later recall;
- improving the accuracy of invoices;
- ability to clearly show details of the product and price;
- automating the process of creating invoices and reducing business costs;
- ability to handle more clients and increasing the client base;
- the ability of invoices to be easy recalled and retrieved;
- ability to create invoices from anywhere via the online invoicing app;
- sending out the multiple invoices simultaneously;
- keeping records and easy finding not paid transactions;
- keeping on the cash flow and tracking the business expenses;
- identifying customers who need to make their payments;
- controlling payments and receiving payments timely;
- ability to send invoice reminders;
- scheduling invoices for being sent automatically;
- ability to attach receipts to invoices and photos to receipts;
- generating various types of report and financial statements;
- saving money on paper, printing, and postage via using online invoicing or billing software;
- integration with the company’s accounting system;
- ability to generate multilingual and multi-currency invoices;
- minimizing the invoice data entry errors;
- simplifying the company’s accounting.
Using the billing software is a wise investment that allows any organization to save its time and money.
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