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  • Archive from category "Invoice Payments"

The Top Five Tips for Reducing Expenses in Your Business

Saturday, 30 April 2022 by Tracy
Reducing Business Expenses

Reducing expenses is the fastest way to improve profitability for your business and reduce overall costs, in addition to improving the amount of money flowing in. By carefully analyzing and adjusting your current expenditures, it becomes easy to spend smarter and boost profits. (more…)

business expensesinvoice trackingreducing expenses
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  • Published in Business Growth, Invoice Payments, Invoice Reminders, Invoice Tracking
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Experiencing a Cash Flow Crunch? Here’s What You Can Do

Wednesday, 30 March 2022 by Tracy
cash flow

Whether it’s the seasonal ebb of low cash flow, or a more pressing problem that is weighing on your business, money crunches are tough for everyone involved. Your debts may be too high to correct, or your margins too low. Perhaps it’s your current sales volume. More  than a need to simply chase invoices and offer incentives to entice prompt payments, these times of negative cash flow are more complicated and more detrimental to the health of your company. And cash flow management is as important as liquidity. (more…)

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  • Published in Cash Flow Management, Invoice Payments, Invoice Reminders, Invoice Tracking
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How Do You Know Your Business is Successful? Track These Key Performance Indicators

Tuesday, 15 March 2022 by Tracy
Key Performance Indicators

The best way to evaluate the success of your business is to use key performance indicators, or KPIs. These indicators are core metrics which are used to monitor progress toward financial results and main goals within a company. The values which are used to assess success can help you make key decisions about your own business’s development and growth. (more…)

business successinvoice trackingkey performance indicators
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  • Published in Business Growth, Cash Flow Management, Invoice Payments, Invoice Reminders, Invoice Tracking
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Not Sure When You Should Be Invoicing Clients? Here Are Some Tips.

Friday, 21 January 2022 by Tracy
Invoicing

If you’re a small or medium sized business or freelancer, invoicing can feel tedious, but it is essential in maintaining a positive cash flow. Being paid on time means that you need to be proactive in establishing a system that works with your clients’ needs as well as your own, and certifies you as a professional.

Minimizing invoices is a good first step, particularly for startups. (more…)

client invoicesinvoice remindersinvoice tracking
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  • Published in Invoice Payments, Invoice Reminders, Invoice Tracking
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Four Common Myths about Electronic Invoicing

Wednesday, 17 November 2021 by Tracy
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…)

electronic invoicinginvoicing myths
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  • Published in Business Growth, Invoice Payments
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50% of Businesses Fail Within the First Five Years. Here Are The Top Reasons Why.

Friday, 15 October 2021 by Tracy
businesses fail

Starting a new business is exciting. You have a passion for your product or service, you think you’ve identified the market for it, and you dive in after doing your research. But the statistics are harsh: a full 50% of small businesses fail within the first five years of operation. By year ten, this number skyrockets to a full 70%! And according to the US Small Business Administration, this number can vary so much that the failure rate can be as high as 95% by year five. (more…)

businesses failcash flowinvoice trackingtop reasons
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  • Published in Business Growth, Invoice Payments, Invoice Tracking
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Recent Posts

  • Reducing Business Expenses

    The Top Five Tips for Reducing Expenses in Your Business

    Reducing expenses is the fastest way to improve...
  • Company Budget

    How to Create and Stick to a Company Budget

    If you’re running a small or medium sized busin...
  • cash flow

    Experiencing a Cash Flow Crunch? Here’s What You Can Do

    Whether it’s the seasonal ebb of low cash flow,...
  • Key Performance Indicators

    How Do You Know Your Business is Successful? Track These Key Performance Indicators

    The best way to evaluate the success of your bu...
  • invoicing mistakes

    Invoicing Mistakes You Should Never Make

    You know that to get paid you need to invoice y...

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  • Cash Flow Management
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  • Invoice Payments
  • Invoice Reminders
  • Invoice Tracking
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