What Makes Mobile Invoicing Popular?
Simply put, mobile invoicing provides the means to send your invoices digitally. Also popularly referred to as electronic invoicing, this type of billing improves cash flow, time management, payment integration, and data management for small and medium-sized businesses.
From sending and receiving payments on your terms to keeping things systematic, there are many perks of switching to mobile invoices. What makes an invoice app indispensable? The article below will walk you through six reasons for adopting mobile invoicing.
Take Your Work With You
The freedom to carry the office in your pocket rings true with mobile invoicing. Moreover, it lets you create and manage invoicing documents any time. This is a crucial benefit for professionals busy with onsite visits and in-person meetings as it helps keep a tab on business transactions. It lets you keep track of invoices and amend them, if needed, even while on vacation.
Extra Time & Money
One of the best benefits of switching to mobile invoicing is ultimately savings in terms of time and money. That is because digital invoicing lessens the process of hiring an accountant or handling the paperwork. In fact, users can save up to $20 per invoice by billing electronically.
Invoicing on mobile also eliminates the need to scan or store payment information physically. Digital invoicing saves your desk-time by letting you generate invoices on the go, encouraging you to do more with your time.
When it comes to clients, digital invoicing also saves their time by offering the opportunity to disburse payment to you from anywhere. It also saves up on what might be otherwise spent on procuring and processing a paper check.
Streamline Billing On The Go
Mobile invoicing is the modern standard for tracking, storing, and assessing payment information. It eliminates the need for entering mundane information repeatedly when switching between apps.
The focused function of e-invoicing is interoperability. It lets you integrate multiple features so that you can manage invoicing conveniently in one place. Once digitized, you can use e-invoicing to keep tabs on your billing processes including sales and expenditures. The best bit about this invoicing method is its error-free estimates and uniformity across all processes. Invoice software for freelancers automatically keeps track of all your earnings.
When you are comparing multiple mobile invoicing software options, keep an eye out for specific integrations like expense management and bookkeeping that might assist you in the future as your business scales.
Keeps Client Details In One Place
Another excellent reason why invoicing on the move works is due to how it improves efficiency by keeping all relevant client information organized and stored in one location. It keeps track of client information so that you can access it anytime from anywhere.
On top of it, client information is stored securely on the cloud when digitized. Some invoicing software also stores the data on your mobile, making it easy to access the information even without an internet connection. Moreover, you will never misplace client phone numbers, addresses, or any other details with e-invoices unlike physical paperwork.
Builds Relationships With Clients & Customers
Sending your payment invoices via mobile also boosts the trust and confidence of your clients. This is because e-invoicing improves transparency by letting customers access the payment information. Moreover, switching to mobile invoicing makes it easy for clients to pay you. They can pay via credit card, debit card, eChecks, ACH, and even cryptocurrency.
Sending annoying reminders or follow-up calls on invoices is replaced with convenient automations from the digital alternative. It eventually helps forge long-term relationships with your customers by boosting the efficiency of the entire process.
Save The Planet
Transitioning to mobile invoices is good for reducing our overall carbon footprint because paper invoices threaten the delicate environmental balance. In fact, digital invoices are 4 times more eco-friendly than paper invoices. Besides saving paper, you are saving money, time, and resources otherwise spent on producing and delivering invoices physically.
Conclusion
From safety to security, the advantages of online invoice software for professionals and enterprises are multifold. Choosing to go digital with your invoicing process will save you extraordinary resources and time in the long run. Make sure you address all e-invoicing challenges before getting started so that you can prepare for the transition accordingly.
