Friday, July 30BIZGROWTH Is Your Small Business Digital News Source.

Tag: billing

How to Make the Leap toward Online Billing for Your Small Business

How to Make the Leap toward Online Billing for Your Small Business

Business Solutions, E-Commerce, How-To, What's Hot
The conventional methods of billing are long, tedious, and time-consuming. They entail using a lot of paper and supplies. Online billing is a much more efficient method of preparing and sending invoices, especially when considering the time factor and the resources used. As a small business owner, you will be able to monitor your business transactions and you will be free from the hassle of following up on uncleared debts manually. It is also easier to retrieve invoices and other vital documents that were prepared in the past. Since there are less resources used, this method allows you to save on costs. Computerization of the billing process enhances accuracy, thus, eliminating the risk of miscalculations. Here are some critical topics to consider when switching to online billing. ...
Online Billing Options for Small Businesses that are Converting from Paper Money

Online Billing Options for Small Businesses that are Converting from Paper Money

Breaking News, Business Solutions, E-Commerce, Payment Processing, Tech, Trends
A lot of entrepreneurs have shifted from paper to online billing, however; there are still several small-scale business owners who are wallowing in the paper method. This method is relatively costly and consumes more time and effort compared to online-based billing. Manual paper operations take a little bit longer, while online billing is instant by clicking a button. We have compiled a list to smooth out your transition from paper to online billing. Wave This is an online software for preparing accounts and invoices for entrepreneurs. Wave's most outstanding feature is that you will not be required to pay high fees for the services therein. It offers services in full bounty, ranging from payroll preparation, invoicing, billing and many more. As an added bonus you will not be re...
Billing My Clients When Not In the Office

Billing My Clients When Not In the Office

Business Solutions, E-Commerce, How-To, Payment Processing, What's Hot
The billing process is one of the most fundamental aspects of smooth business operations. Handling the billing process has an incredible impact on the reputation and reliability of the company. One can begin invoicing their clients when not in the office once they are organized and have an invoicing system in place.  Ways of billing clients when outside the office Automatic billing One of the steps for billing your clients when not in the office is through automatic billing. Taking advantage of simple automation features enables payments to be made faster and saves time. Whether it’s weekly or monthly, you can use a software that will automatically bill your customers and has a subscription rate that is agreed upon. This saves you time, even when outside the office, keep...
Tips for Billing Clients Not in the Office

Tips for Billing Clients Not in the Office

Business Solutions, How-To, Payment Processing, What's Hot
After rendering services or products, it’s essential that you ask for payment from a customer. This is a vital task since it allows you to keep track of your billing and accounts receivable, making the invoicing process convenient for both you and your clients. Having an effective billing system will enhance efficiency and cash will steadily flow into your bank account. Here are some of the tips for billing clients when not in the office. Set your terms When it comes to client invoices, set the payment terms that will suit you. For instance, outlining a seven-day payment term can be easily implemented and is perfectly reasonable. Be very specific with your clients about the payment terms when offering them a project pitch or sending them an invoice. You should state your expecta...
Best Practices for Billing Clients Not in the Office

Best Practices for Billing Clients Not in the Office

Business Solutions, How-To, Payment Processing, Tech, Trends, What's Hot
Establishing best practices for billing clients is a critical component for enhancing positive cash flow and keeping the business running smoothly. With that said, it’s critical that a business has an established invoice system that sends and creates bills efficiently. Implementing best practices for billing clients when not in the office will save you time and money. It also helps generate more revenue in the business. Below are some of the best practices for billing clients outside the office. Set your terms Before working with a client, you should both agree on a set of terms. This is an initial step toward good customer relations, helps to avoid any friction, and increases the chances of getting paid on time. The set terms should clearly state when the project should be comp...
Billing Clients Virtually

Billing Clients Virtually

Business Solutions, E-Commerce, Payment Processing, What's Hot
Billing is the process of producing and distributing invoices to clients on a one time or recurring basis, depending on the pricing plan chosen by the client. To enhance customer satisfaction and buying experience it is crucial for a business to have a variety of billing and online payment options. By providing options, it will allow for convenience and will reduce the time a company takes to get paid. Billing clients virtually and receiving payments securely over a mobile application, website, and phone saves time and money. Here are some of the ways used to bill clients online. Make use of the right tools Adopting an online invoicing platform, that will be used for client transactions is the first step that you need to take. Having the right platform for sending your invoice v...