payroll outsourcing

Are you considering outsourcing some of your accounting needs? If you’re being overrun with paperwork and find that small errors in calculations are costing your business time and money, it’s certainly time to consider alternative solutions. But what questions should you be asking before you make the switch? (more…)

Thank you for paying email

Getting an invoice paid on time feels pretty great. You appreciate your clients’ attention to the due date, because it helps your business to maintain a consistent cash flow. You also know how difficult it can be to track down late payments, as well as the amount of work that can go into that task. Prompt payments are a boon to your profitability as well as your own time. And according to research, a simple ‘please’ when it comes to invoice reminders, and ‘thank you’ when the bill is paid can increase the percentage of paid invoices by more than 5%! (more…)

Invoice reminders

Have you been wondering what sorts of benefits your company would get out of invoice reminders? Maybe electronic invoicing is new to you, or perhaps you already use it to outsource some of your financials and are unsure of how to implement reminders? Are you worried about the effect of how these prompts will affect your existing customer relationships? (more…)

Invoices: Expectation vs Reality

Invoicing

Accuracy in receiving, verifying, and tracking invoices is crucial for maintaining a positive cash flow for your business. These processes can be complicated, prone to human error, and lead to delays from the first step to the last. Maintaining financial accuracy can present issues for your company even if your staff is well-trained and organized. Often, the expectations for your accounts receivable don’t match up with reality. (more…)

Four Common Myths about Electronic Invoicing

electronic invoicing

Small and medium sized businesses who use automated invoicing and build close working relationships with their clients will be more successful and have significant savings. That’s a bold claim, but consider the 90-95% reduction in paperwork and 25% improvement in productivity that happens when you use e-invoicing, and you will begin to understand how outsourcing your accounts receivable is the way forward. Invoice processing technologies are paving the way forward, substituting old and outdated accounting solutions and revitalizing them. Don’t let your business fall behind. (more…)

Invoice Tracker: Why Xero Users Love It

Invoice Tracker + Xero

Already using Xero for your accounting needs? Excellent choice! Xero’s time saving tools have likely helped you to free up space in your business, and get you the accurate results you need with features like invoicing, inventory, and fast bank reconciliation. Now that you’ve seen the benefits of tracking your invoices, it’s time to consider doubling up on the ingredients that help drive profitability and growth. (more…)

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