Did you know 80% of business owners spend 20+ hours on their phones for their business activities?
Maintaining a positive cash flow is the first priority for all freelancers and small businesses. However, managing finances, tracking invoices, generating bills, and keeping up with reports can be extremely difficult. Subsequently, more companies are making a shift to mobile invoicing solutions to streamline their processes and gain an edge over competitors.
A survey in 2015 revealed that more than half a trillion invoices were generated around the globe. But, a shocking fact was only 10% of them were made electronically. Here is why you should consider investing in a mobile invoicing solution.
1. Faster Payments
Mobile invoicing is one of the best ways to expedite payments. This will not only help you maintain good profit margins, but it will also give the much needed boost to your cash flow.
The best part is that you will no longer need to spend your precious time in front of your desktop designing invoices. Billing software for small businesses lets you automate the whole process and mail your clients in just a few clicks.
2. Invoice Anywhere
What if you could execute your office tasks anytime and anywhere?
Well, a free invoice generator app will let you generate invoices at the drop of a hat and even eliminate delays in payments. But, for this, you must invest in a platform that lets you make invoices on mobile and stay on top of customer demands.
3. Cost Management
Billing software for small businesses can largely reduce your operating costs. You will no longer need to spend your time and money on getting invoices approved and tohr admin tasks. The best part is that it will also reduce the risk of duplicate invoices and save you from fraudulent payments.
Also, you will be saving on staffing costs. The reason? You will not need an accountant to manage your paperwork. All this and much more is possible with a good free invoice generator app.
4. Satisfied Customers
Satisfied customers lead to business growth. You will go much beyond traditional payment methods by switching to billing software for small businesses with a sound mobile interface.
These include direct transfers, debit/credit card payments, digital wallets, and other methods.
Besides, going mobile will boost customer confidence and build your business image. But, before you invest in a solutio, make sure it is PCI (Payment Card Industry) compliant.
5. Improved Storage
Data storage can turn into a menace for companies if not done properly. However, with mobile invoicing, you can store all data on the cloud.
Well, it significantly reduces the need for office space. Also, you will no longer lose papers.
Another benefit is that a centralized cloud database will also keep you a tab on time analytics and get access to comprehensive reports. Furthermore, it will make collaboration with clients and other advisors super easy. Lastly, data backups will no longer be a hassle with a free invoice generator app.
6. Organize Billing Process
Mobile invoicing will help you create a smooth strategy to collect your bills. In addition, these applications let you seamlessly integrate with third-party apps and achieve operational efficiency.
7. Build A Strong Brand
Adding logos to your invoices will be a breeze with a free invoice generator app.
It would give a great boost to your brand image and make your payment experience memorable. One thing you can do is color- code your invoices. This will positively impact your clients, and they will believe that your organization looks after their minutest of needs.
As we embrace a digital economy, soon, all transactions will go paperless. As a result, there will be a steady rise in the number of free invoice generator apps users. Subsequently, mobile invoicing solutions will be on a high rise, and it will be easy to make bill settlements.
But to keep up with the pace of digitization, you will need to stay updated with the latest trends and understand how billing software for small businesses can work wonders for your business. If you want to scale your business and are looking for the best free invoice generator app, we will help you find one!