Sometimes it’s the obvious things such as small business software packages that can help to get things done quicker and more efficiently, and sometimes it’s lesser known things that can also have a tremendous, positive impact.
One of those things that I didn’t know yet until several months ago is electronic invoicing. Let me explain what electronic invoices are:
You will certainly be familiar with the common way to create invoices: You will in all likelihood create and print a invoice in Word or a similar word processor software. You print out the invoice and snail-mail it to your clients or distributors.
With electronic invoicing you can fore-go the tedious and time consuming part of mailing the invoices. What you do, instead of snail-mailing an invoice you will send it per email to an electronic invoice provider service that will digitize and process the invoice for you. The service will then send the invoice to the recipient. The entire process will take only a few minutes as compared to days when you send invoices per normal mail.
For me, this is something which has hugely paid off! It saves me and my employees a lot of time. In addition to that, invoices are now processed and paid a lot faster – there is also no risk of losing an invoice in the mail (something which can happen once in a while) any longer.
So if you’re a business owner and want something to speed up your process I can highly recommend electronic invoicing to you. You won’t have to change a lot in your invoicing process which means that the switch to e-invoicing will be easy, no matter what type of business you have.