In any business, generating the invoice is considered the first step in the billing cycle after any service or product is sold. Free billing & invoice software for windows enables company owners to be billed quickly and easily.
This post will explain some of the vital benefits and advantages of using a free invoice and billing app for android. Naturally, startup entrepreneurs, freelancers, and small to medium-sized company owners are all mindful of the critical nature of invoices.
There are several reasons why a growing number of companies and organizations have embraced the futuristic concept of mobile invoicing using free billing & invoice software for windows. But if you are still in doubt or dilemma to adopt mobile invoicing – this post is for you.
What is mobile invoicing, and what are its major benefits?
In simpler terms, there are general and specific apps available in the market by which businesses can generate and send bills on their mobile devices at any place and any time. The free invoice and billing app for android makes it easy to charge clients directly from your mobile phone, ensuring that they easily and safely reimburse you.
For a digital invoice, the consumer gets an email with a payment order, and they can pay electronically from either location by inserting their credit card details. Below are the major benefits.
Before anything else here is a statistical check
According to the most recent market research survey by technavio, the e-invoicing market is projected to expand by USD 6.93 billion between 2020 and 2024.
In the United States alone, savings of between $4 and $8 per paper invoice was realized and businesses opted for the e-invoicing method.
Mobile invoicing has cost-cutting advantages. Additionally, it assists you in eliminating redundant invoicing by tracking and matching all of your invoices. According to one report, avoiding repeat invoices will save a small business about $12,000 per month.
1. Quick Payments
Delayed invoices will result in a payment imbalance for a business. Thus, free billing & invoice software for windows enables you to deliver invoices to customers only after the service or good is made.
Additionally, it prompts customers/vendors to pay immediately through a ‘Pay Now’ option that accepts various payment types. Online billing allows consumers to pay twice as quickly as they would otherwise.
2. Assured Savings on money
Mobile invoicing is often a significant cost-cutting measure. You save money by eliminating the costs of paper, dye, postage, and receivables staff.
Previously, invoices had to be manually filled out by an employee. Furthermore, invoicing requires the recording, scanning, and arranging of accountable formalities. Free invoice and billing app for android has been shown to save five to eight working hours a week per 1000 customers in a database.
3. The finance and accounts department is free from the burden of manual process
Complicated invoicing processes slow down the billing process and add complexity to the accountant’s workload.
When it comes to billing, free billing & invoice software for windows ensures consistency. For starters, the accountant won’t require your signature. No one will be pursuing you for a signature.
There would be no hounding the team with required documentation. When you use the free invoice and billing app for android to generate bills, you can no longer quilt across stacks of papers. There is no longer the need to assess which bills are paid, outstanding manually, or past due. The data is all kept inside one place and is accessible to all.
4. Data centralization is a blessing in any business
Are you fed up with misplacing a client’s identity, phone number, or other vital information? Knowing is no longer a problem. You will directly input client information into the invoicing database and then view it by cell phone or tablet.
Certain platforms can save this data to the cloud. You can use it whenever you like by accessing the information downloaded on your mobile device, despite having no internet access.
Whatever method is used to store this data, free billing & invoice software for windows establishes a central repository for all of your clients’ records. You are not required to scurry about in pursuit of facts.
5. A standardized system from accounting to payment.
One of the most advantageous qualities of a free invoice and billing app for android is its focus on interoperability. In other words, any other cloud-based system you might have is compliant.
This incorporation extends to the accounting software. It ensures that you can finally standardize all aspects of your payment systems. All methods should be standardized and formally sound. It includes consistent projections, payable amounts, receivables, and also expense control with free billing & invoice software for windows.
Bottom Line
So, these were just a few major benefits of using a free invoice and billing app for android. The list goes on and on. The only thing to keep in mind is it should be completely fit for your business while hunting for free billing & invoice software for windows.