The Future of Digital Payments
Digital is the future and the future is digital. We’re living in the digital era. Everything around us is getting digitized in one way or another, the financial sector is no exception to that. The financial sector has been one of the major beneficiaries of this technological revolution. This has led to the creation of […]
How To Turn Your Invoices into Cash As Quickly As Possible
Credit runs the global economy. Businesses are no exception to this. Most businesses buy and sell goods and services for deferred payments. This is how the economy runs. From buyers’ perspective, acquiring goods and services with some future payment date is very useful. They can immediately get their needs satisfied and pay according to their […]
Why Its Time To Prioritize Your Invoicing?
Why do you need to prioritize your invoicing? The question that you may be asking after reading the headline of this piece of writing. Well, that’s what we will be discussing in the next few paragraphs. The most basic definition of Business, as we know is “any commercial activity”. What does this mean? It means […]
How InvoiceMate Will Change Your Business
InvoiceMate will change your business, but how? Let’s take a look. Managing accounts is one of the biggest challenges for a business. It decides the fate of a business. Many profitable businesses can sink just because of poor accounts management. That is why the businesses put lots of resources and efforts to take good […]
3 Cash flow Basics You Should Be Reviewing Constantly
Cash flow is the lifeline of a business. Any business irrespective of its size or volume runs its day-to-day operations with cash. Though businesses heavily rely on credit. Cashflow is a composite term that describes the overall state of the amount transferred in and out of a business. Cash Flow According to Investopedia “ The […]
5 Reasons Why Your Business Should Focus on Invoice Management
An invoice is an essential document that every business has to deal with, in one way or another. Every business, regardless of its nature, size, and business volume, sends and receives invoices or does both in most cases. Every time a business buys or sells goods or services, it generates or receives an invoice. It […]
What Is Invoice Management?
We all are familiar with the invoice. All of us deal with invoices during our day-to-day business. Many of us know about invoice processing. but, what is invoice management? This may be an unanswered question for many. So here is the answer. In the following paragraphs, we will be learning about invoice management. Before moving […]
6 Common Invoicing Problems and How to Solve Them
Handling the invoices has always been tricky. Every organization has to go through certain challenges while going through invoice processing. These challenges need to be addressed effectively to remain productive and profitable. In the following lines, we will discuss some common invoicing problems and the ways to tackle these problems. Common Invoicing Problems Legacy invoice […]
Invoice Processing Workflow
Every business that deals with invoices have a certain procedure in place for the same. The process is called invoice processing workflow. Invoice Processing By definition, Invoice processing is the function performed by the accounts people on an invoice. A business is usually generating or receiving invoices or both in most cases. Invoice processing is […]
What Is Invoice Processing?
Almost all of us know about invoices but not many of us know much about invoice processing. In this article, we will learn about invoice processing. Before diving deeper into invoice processing, let’s revise some basics. Invoice An invoice is a commercial document that records the transaction between two parties where one party extends some […]