It is strange to think that a word that was formerly reserved for a spider’s method of trapping food, now symbolizes speed, convenience, efficiency, and instant worldwide accessibility. Anytime the word “web” appears in front of a professional service, you can be almost certain it is an online program that was designed to improve upon a traditional business practice.
Web-based is More Affordable
There is now web-based project management, web-based marketing, web-based file sharing, and web-based IT programming, all available to businesses at a fraction of the typical cost for these services. Countless web-based applications are overtaking the business world, and invoicing is no exception. It is fast, efficient, and highly affordable. Some providers even off free basic packages to help you get started.
Web-based Invoicing Offers Simple & Fast Templates
Web-based invoicing software provides you with professional and organized templates that can be easily filled in to create quote, invoices, and even reminder notices. Users enter in their client’s contact information, payment terms, and product details when they first register, and it is securely stored online for future use. There is usually a variety of templates to choose from, so you can select one that truly matches your company’s image.
Web-based Invoicing Offers Automatic Formatting & Calculations
When it comes time to generate an invoice, all they need to do is select who is getting the invoice and what they are purchasing. Everything else is done for you, so you don’t need to play around with margins or use a calculator to figure out the total amount owing. The web-based invoicing software formats the details in an easy-to-read manner, calculates the total, and automatically uses the information on the invoice to update financial statements.
Web-based Invoicing Tracks all Your Finances
What most people don’t realize is that web-based invoicing is more than just a program used for producing professional invoices. In most cases, it is also a full-service online bookkeeping service that can track all of the fundamental aspects of your accounting. If payable and receivables are entered regularly, it will produce accurate income statements. If you advise the software when a payment is made, it will create current account payables and receivables lists based on the receipts that have been entered into the software.
Web-based Means it is Always Accessible
Some web-based invoicing programs can even track inventory, payroll information, and client management needs. Whatever information is entered into the software is kept online, so it can be accessed from anywhere that has internet service. This means you can login to view your receivables or financial reports from any computer, laptop, or smart phone
Web-based invoicing is affordable, offers time-saving templates, handles the formatting and calculations for you, tracks all of your finances, and it is accessible from anywhere. That is why web-based invoicing is the way to go!