Invoices are created in on a daily basis, and that's great for your business: however, it's easy to soon start feeling overwhelmed and discouraged by the complexity of all that paper handling and invoice tracking while hard pressed for time. It's hard to keep track of all of the invoices and their processing status: can you tell at a glance if all have even been received? That's very unlikely.
Automating as many processes as possible through an integrated solution, which optimally manages these tasks, results in a directly proportionate decrease in opportunities for human error while increasing the opportunities for savings and improved efficiency. Even collections can be managed automatically, sending the corresponding overdue notices as certain pre_defined thresholds are reached. Furthermore, when companies employ this technology, they are motivated to digitalize other documents, thus achieving efficiency and savings in additional areas of the business. Control of taxes is also increased with electronic billing because it allows for greater control over tax compliance and simplifies the auditing process.
Itemized List of Services _ must be specific People want to know what they've paid for. Most people will not pay for something described merely as "Design." Tell them exactly what they have received: e.g. "Design of three_page static website for Sporting Goods Department." Be as specific as possible. In five years, would both you and the client know what you meant by your description? Also, specify whether the charge is project_based or hourly. Include Your Terms _ must be clear When do you expect the client to pay you? What happens if they miss the deadline? To be able to send follow_up or overdue notices or to charge interest, you need a rock_solid paper trail that no one can argue with.