Nobody wants to deal with amateurs! Using invoice templates that come with your online invoicing software, you can be sure that all the invoices you send are standard, and everything is laid out clearly for your client and formatted properly. Using web_based invoicing also sends your clients an image of your company as a technologically astute business.
Integrated retrieval _ Invoices can be retrieved from IMS at any stage, the full audit trail and a history of the workflow determines exactly where in the process each invoice is. It is also possible to retrieve invoices directly from their ERP system due to the integration with IMS. The full audit trail is vital as they have to comply with Sarbanes Oxley legislation. The IMS solution is used to assist in this compliance, with the audit trail providing a complete history of the lifecycle of each document.
Just about any company that generates commercial invoices can take advantage of invoice factoring. But is invoice factoring right for your business? It could be if your business is struggling to make ends meet because of long billing cycles, you're wasting time collecting down payments from slow paying clients, you're unable to take advantage of business opportunities due to lack of funds, or your business isn't financially strong enough to obtain traditional bank financing.