Online Invoicing and Billing Software for Small Businesses
Running a small business can be frustrating at times, especially when your big customers are failing to honour your small amount invoices. It affects your cash flow and puts a spanner in your plans for the business. You can remedy the situation by implementing a new online invoicing and billing software for your small business.
What is Billing and Invoicing Software?
Billing and invoicing software is a tool that you can use to streamline business’ accounting and financial tasks. It could be a system that provides single-entry accounting (including bookkeeping) and check writing to a robust double-entry program like OneAccounting software.
You can implement online billing and invoicing software to automate business’ day-to-day tasks, reduce data entry, improve accounting process, simplify E-invoicing, and access the data from anywhere at any time. OneAccounting software is also an excellent tool for improving your data-driven decisions.
How to Choose the Best Online Billing Software?
List Your Pain Points and Challenges
Investing in or upgrading to a new billing and invoicing software is a serious affair. First, you should make a list of business’ pain points and challenges that are hampering smooth execution of accounting tasks.
Search for a Billing Software for Small Business
You should then search for the online billing software that will solve all or most of your pain points without causing a major disturbance in your workflow. Focus on the functionality they offer. Short-list the most useful systems.
Explore Online Billing Software Systems
Depending on your business needs, you can choose between a desktop-based or online billing software. If you want to reduce your investment in hardware and support costs, choosing online invoicing software is your best bet.
Cost of Implementing New Online Invoice Software
You may have to pay a huge software licensing fee upfront for desktop-based accounting software. On the other hand, you will only need to pay for monthly subscriptions for online billing software.
Cost of Training the Staff
It is important to keep the time required to adopt the software in-house to a minimum. Online accounting software comes with user-friendly interfaces which are easy to navigate. They are easy to acquire as the learning curve is not steep.
Software Installation and Upgrades
You do not have to install online billing software for small businesses on your devices like you use to do in the old days. They are hosted, updated, and maintained on web servers. You access them using an internet web browser program on your smartphone, tablet, laptop, or desktop.
Key Features of Billing and Invoicing Software
- Prepare E-Invoice Easily: Prepare customised invoices. Customise professional invoice templetes to enhance your brand.
- Manage Customers & Suppliers: Maintain customers’ and suppliers’ personal and transaction-related information in a centralised database.
- Predefined Templates: System provides professionally designed invoice templetes. Add company info to customise them. Customise invoices to different customers to enhance your branding.
- Set Multiple Currency: Set multiple currencies as per your billing requirements. Set and view transaction values in the base currency of your choice.
- Email Quotes, Estimates, & Invoices: Send quotes, estimates, and customised invoices to your clients. Streamline business’ cash flow.
- Generate Report: Generate different types of reports for data-driven decisions. The system uses business data from the centralised database to generate reports instantly.
Benefits of Billing & Invoicing Software by OneAccounting
Streamline Invoicing Process
Ideally, you as a small business owner must see to it that your invoicing/ billing process is streamlined. Once data is entered into the system, you should be able to reuse it. Use online accounting software to prepare and email customised invoices.
Hurry, Put Invoices on Client’s Desk
OneAccounting software empowers you to send instant invoices to your clients. Email it instantly to your client even when you are On-the-Go. You get paid early, as it saves time. You do not have to wait until you are back in your office to prepare an invoice and snail-mail it.
Eliminate Late Payments
You must send a reminder to customers whose payments are overdue. Otherwise, you will not get paid on time. Timely payments matter to everyone, or there is no fun in making money. The advanced online accounting software has the answer to your billing & invoicing problems.
Promote Your Brand
Using online invoice software, you can customise invoices with company name, logo, etc. Personalise invoice templetes to be memorable. Promote your company and be noticeable.
Use a Full-Fledged Accounting Software
OneAccounting software gives you complete control over your accounting process and improves its efficiency and effectiveness. Its modules are designed to address your accounting needs. These simplify your accounting tasks, like sales and purchase management.
You can use this online billing and invoicing software for small businesses to:
- Check receivables & payable in the Dashboard
- Email customised invoices
- Automate recurring transactions
- Multi-currency transactions
- Account reconciliation
- Manage inventory efficiently
- Various reports like ageing payable and receivable
OneAccounting software comes with free expert support. Download its free trials and use it for 32 days to see how good it is for your purposes. If it proves perfect for your accounting needs, subscribe to one of our affordable plans and run your business with reduced workload and stress level.
Please email to us at firstname.lastname@example.org for more information.