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Do you use invoicing apps9/12/2023 ![]() ![]() So if your computer goes BOOM!! you have nothing to worry about… all your data will be safely tucked away in the cloud, backed up on multiple servers so your business records remain safe. In other words, your information is stored online as opposed to your computer’s hard drive. With many online invoice software options, your data is stored, managed, and processed in the cloud. Additionally, customer credit card data is stored in a PCI-compliant way, which means that both you and your customers don’t have to worry about your information staying safe. It also provides you with insight to help you identify where the majority of your income comes from, which clients pay on a consistent basis, and what products sell the most. Invoice software stores your products, prices, customers, and taxes, so each time you create an invoice, you can do it in a few clicks. With all your financial information in one place, you can sail through tax season with less worry and stress. The best invoice software has real accounting functionality built right in. These are situations that beg for recurring invoices - a feature that invoice software provides with just a few clicks. According to our data, 75% of Wave users have repeat relationships with their customers. ![]() With invoice software you can send automatic reminders to customers who haven’t paid yet, slimming the chances of getting your money late.įor your regular customers, you can automate your invoices so that they send on a recurring schedule (say, the first of every month). There’s nothing more uncomfortable than chasing down your customers for money. Online invoice software is designed with automated features to help you process invoices with ease and efficiency. Not only does invoice software process the transaction and generate a receipt for Nadine, but you will also see when Nadine received (and read) the email, when she paid, and how much she paid. She gets the convenience, and you get money in your pocket faster. Invoices viewed online can have a “pay now” button with a credit card form attached to it, so customers can pay on the spot when they view your invoice.įor instance, when your customer (let’s call her Nadine) is in line at Starbucks, with a million other things to get done during the day, she can access the invoice you sent her on her phone and pay before she even orders her coffee. Unlike Excel and Word invoice templates, with invoice software you can provide your customers with the convenience of paying by credit card or even via bank account. ![]() Professionally designed invoices give your customers clear information, focusing on the action that matters most: Pay this invoice now, please. Simply put, invoice software is made to get your business paid faster. Here are 5 reasons why you should make the switch over to an invoicing software if you haven’t yet. Online invoice software is much more efficient for invoicing purposes than traditional invoice templates. That piece of paper is just one part of the process of running your business and getting paid, and using a Word or Excel template creates as many problems as it solves. After all, an invoice is just a one-page sheet of paper with some numbers and descriptions, right? ![]() A generated invoice template in Microsoft Word or Excel may seem like a great option. ![]()
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