Run your business efficiently. Switch to online invoicing.

Today small business and startups face a cut throat competition. Entrepreneurs work very hard to achieve stability. From designing a product/service to shipping/delivering, it requires a tremendous amount of management. In business, of any scale, it is necessary to have efficient processes, as many things have to be done in a limited time and other resources. Invoicing and billing is also a part of this flow. Handwriting invoices era is coming to an end and people no longer want to keep printed records for everything. Manual invoicing involves a great deal of paperwork and is time consuming and involves wastage of lots of resources (man hours, money). Besides it is also prone to error. It is imperative for small business to look for ways to switch over to simpler, affordable technology enabled solution such as online invoicing so to save their time and money.

Some of the advantages why you would like to switch to online invoicing

Faster and Cheaper

You can save money on paper (go green, contribute to nature), envelopes and other postal services. The entire process gets carried in a virtual environment while using online invoicing software. These types of software also improve your customer relations by avoiding any kind of financial disputes. Calculations are done by the computer and you need not worry about the totals or any other types of math, hence reducing the chance of potential errors.

Exhaustive yet simple
Invoicing software provides variety of template, that carry key information of your business beyond the details of the product/service that is being sold, which includes your businesses contact information, terms an conditions, logo etc.,. This may not be as easily done in manual invoicing and if it is manual plus hand written the key information may not be legible at times or may be wrongly written.

Client's contact management
One of the growth hacks is to maintain not just good customer relation but also stay in touch which increases the repeat business opportunity. Managing and storing their information is key to achieve the same. Through online invoicing you can store and access the client information, their contact details, purchase history. It also saves the time of other marketing agent of your company to get back to your clients again.

Track due, reduce payment cycle
You can track the payments against the invoices any time, any where. If need be, you can send reminders by a click of a button. This increases the potential of receiving the payment on time.

Always Accessible
Almost everyone has a smart phone today, at least in the developed parts of the world. One of the most important benefits of online invoicing is that it can be accessed from anywhere in the world. You can be in full control of your business finances always, never constrained by geography or proximity to your business delivery center.

Invoicing - a marketing tool
The flexibility of your invoicing software can enable you to use invoicing not just for communicating the cost of your product/service but also for marketing your brand. Smart use of the space available on your invoice can give you opportunity to showcase other product/services you provide.

Topnotepad is one such software that offers various features of online invoicing listed above. It also has other features like CRM, Expense management and accounting.