80% of enterprises are choosing custom billing software- why?

Reference 80% of enterprises are choosing custom billing software- why?

A size of an enterprise varies, so does its hierarchy and workflow. Each of the enterprises is unique to their processes and needs. Choosing the right custom invoice software becomes one of your core needs, then.
Do you know, the complexity of choosing the right billing system software rises even more when you have options available in the market. But, understanding one key factor here is important. Not every cloud-based billing and invoicing software are for your company.
Focus on customization! Customized billing software for your enterprise is the right solution. It helps you eradicate cumbersome manual processes and integration with third parties to provide an ideal solution.


Major Challenges of Invoicing for Enterprises:

The cloud-based invoice software will help you to grow over your major enterprise billing challenges. Just to make sure you’re choosing one of the best customs invoice software, list down the major challenges faced by your company. Then look for solutions that are apt for your business.

Here are the most common challenges faced by any enterprise in their invoicing and billing processes:

  • Lack of custom billing features unique to your company.
  • The entire invoice approval cycles are long-dated processes
  • Lack of data visibility
  • The traditional ERP systems are time-consuming in invoicing programs.
  • Data theft and security
  • Management of data with spreadsheet
  • Company branding over invoices.
Besides these, there are other major challenges that reduce a company’s efficiency and add unnecessary costs. Because of all these challenges, implementing a custom invoice software is one major boon to the organization.


custom invoice software

Custom Invoicing Software- The Boon!

To meet the above challenges here is an overview of how a custom invoicing software solves problems for large enterprises:

Easy invoicing:
  • Completely custom invoice templates set according to specific business needs.
  • Added functional requirements for improved business productivity

Company-specific invoicing solutions:
  • A complete company custom billing software lets you have complete control over processes. You just need to integrate, not renovate!
  • Easy management of clients and reputation.

Automated Track of Payments:
  • Create auto-bill profiles to easily receive payments for invoices sent.
  • Adjust credits automatically for clients who make advance payments.

Manage multiple clients in one dashboard.:
  • No more maintaining sheets and files for each client individually.
  • Add all the clients in one dashboard and manage projects and payments.


Manage B2B communication
  • Send official communications professionally with custom billing.
  • Management of clients and vendors in a single dashboard.
  • Convert and send estimates and purchase orders into invoices with just a click.
  • You can easily receive estimates and invoices from the vendors in the same dashboard.

Custom Work-flow management for improved business productivity
  • The invoice approval process to send accurate invoices in one go.
  • Add relevant staff members to the project invoices to get your invoices verified.
  • Reject, edit and approve invoices on the go by adding staff to it.

Receiving payments globally:
  • 30+ global payment gateways are available to choose from.
  • Faster payments and smooth process
  • Receive payments easily from clients from any part of the world.

Generate Productivity reports:
  • Generate productivity reports such as expense reports, staff reports, and finance management.
  • Track employee productivity with time tracking reports.
  • Define productivity benchmarks with easy analysis of reports.

Data backup and Security:
  • 3 layers of added security to keep your Invoicera account safe.
    • 2-factor authentication- login via security code shared on a mobile device.
    • Security Questions Login- login only once you answer security questions set up initially.
    • Save IP Address (Staff)- save IP addresses to restrict unwanted intrusions.




CONCLUSION

The enterprises require custom billing software that can keep the pace of business. The profitability of any company depends on the cash flow.
Invoicera is one of the highly recommended custom Invoicing software with the user base of more than 3 million users across the world for its invoicing programs. With Invoicera you can manage online invoicing, estimate management, expense management, finance reports management, etc. For additional benefits, business owners should opt for custom billing software.

Comments

Post a Comment