Accounting Department

APRIL 25, 2023

Not all business owners are well versed in invoicing clients, collecting payments, tracking payments, or other bookkeeping tasks - and that's okay.

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Xero

DECEMBER 4, 2024

Try MyCaseware See cash flow in real time with Wagepoint Wagepoint’s new integration with Xero connects your clients’ payroll and accounting, so you can see cash flow in real time, do bank reconciliations, create and send invoices, and more. The post Using Caseware and Wagepoint to streamline your EOFY appeared first on Xero Blog.

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Accounting Today

NOVEMBER 6, 2023

Delaying a payment or not paying an invoice and letting amounts pile up are a way for a client to give voice to a problem with your services without causing an immediate confrontation.

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Xero

SEPTEMBER 15, 2024

I wanted to reach out personally, as we officially retire classic invoicing in November after more than a year of transitioning. While we’re thrilled to introduce even more features on our new invoicing platform, I know this change has been difficult for some of our customers.

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Compleatable

JANUARY 20, 2025

Purchase Invoice Management Software is increasingly becoming an essential tool for businesses aiming to streamline their purchasing and accounts payable processes. They handle both digital and paper invoices, significantly reducing administrative workload. See Types of Invoice Fraud.

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oAppsNet

JANUARY 28, 2025

Collections management is more than just chasing unpaid invoices. Strong collection strategies can help you avoid awkward conversations about money. When you have a plan for each stage of the collections process, you can serve your customers while ensuring you get paid.

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Collections Invoicing Billing Invoice Processing 52

oAppsNet

MARCH 6, 2025

The constant need to maintain healthy cash flow, reduce manual workloads, and speed up payment cycles has made collections automation a game-changer for businesses of all sizes. Automating the collections process creates a more streamlined, reliable, and efficient system. The solution? Where does it slow down?

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Gaviti

NOVEMBER 24, 2024

The sooner your business collects on its invoices, the lower your financial risks and the better your financial position. One of the fastest ways to do this is via collections process automation to streamline the A/R process, eliminate manual tasks, and ensure timely follow-up with customers.

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Gaviti

JUNE 19, 2023

Effective communication is the most critical aspect of any A/R collections strategy. It begins before delinquency and even before sending a single invoice. But how do you create outstanding invoices and follow-up notices that convert bills into cash? Always Include a CTA Even your invoices should include a call to action.

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Invoicera

NOVEMBER 13, 2024

Let’s dive into the challenges, features, and benefits of modern legal invoicing software for lawyers to help get your practice back on track! Solution: Invest in invoicing software with integrated time-tracking features. Legal work is complex, and transparent invoicing is key to avoiding this. Try Invoicera. Get A Free Trial 4.

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Invoicera

NOVEMBER 12, 2024

But as the agency’s bookings grew, an unexpected problem surfaced: invoicing. Invoicing software has become a game-changer for travel businesses aiming to keep up with these demands. In this blog, we’ll dive into the top invoicing software options designed to simplify the invoicing headaches for travel businesses.

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Gaviti

NOVEMBER 18, 2024

Too Much Time Spent on Manual Repetitive Collection Tasks Many businesses still rely on manual processes to manage their accounts receivable and get things done, even though these tasks can be automated. Invoices can be paid 24/7 through a self-service payment portal. Customers can keep a credit card on file or choose another method.

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Xero

AUGUST 30, 2022

It’d be great for your stress levels too, with less worrying about whether you can cover your overheads for the month and none of those awkward phone calls to chase overdue invoices. . A key reason is that most invoices tend to be paid by manual wire transfer or checks. Collecting payments doesn’t need to be painful.

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Xero

AUGUST 7, 2024

Dext Dext provides bookkeeping automation tools that help small businesses and their advisors collect, organize and record financial transactions. GoCardless GoCardless puts you in control of collecting payments directly from your customers.

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Invoicera

NOVEMBER 21, 2024

There are multiple tasks, clients, and invoices to issue. And at times, invoicing becomes so tough manually! There are a number of invoicing software that could help you to save time and make the invoicing job easy. The right invoicing tool can help you manage invoicing, payment tracking, and payment collection easily.

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Invoicing Billing Collections Invoice Processing 40

oAppsNet

JANUARY 2, 2025

One of the most critical aspects of economic vitality is efficiently managing the invoice-to-cash (I2C) process. This process encompasses everything from issuing invoices to receiving payments and directly influences cash flow, profitability, and overall business performance.

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Xero

JUNE 16, 2022

However, this can be made easier by collecting payments on-site, rather than after. . Time spent chasing late invoices can quickly add up; earn back those valuable hours in FY23 by setting up a more efficient method now. Streamline your workflow by automating your financial approval processes.

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Invoicera

DECEMBER 18, 2024

Managing invoices becomes a huge challenge sometimes, especially when doing it manually. Late payments are another major issue associated with improper invoicing. Theres a solution to manual invoicing, too. Thats where an online invoicing software lands! Top Invoicing Software in the United Kingdom 1.

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Xero

NOVEMBER 15, 2022

Having long payment collection periods increases bad debts and can lead to cash flow challenges. That’s why tools for following up on invoices or having different ways to take payments are so important. GoCardless – Automatically debit your customer’s bank account when your Xero invoices are due with this bank-to-bank payment method.

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Xero

NOVEMBER 23, 2022

New, large multinational clients had strict and detailed invoicing requirements that their current infrastructure just couldn’t provide. Using these new systems, AERIUM’s level of sophistication and flexibility allows them to manage large multinational clients and meet their strict and detailed invoicing requirements.

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Gaviti

APRIL 8, 2024

Anyone who’s worked in accounts receivables knows how valuable a good collections email template can be. Accounts receivable collections rely on clear communication with customers, both in delivering accurate invoices on time and ensuring those invoices get paid. It also eases the burden of invoice collections somewhat).

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Enterprise Recovery: Accounts Receivable

JANUARY 10, 2025

Mastering accounts receivable and invoice management is vital for B2B companies to ensure smooth cash flow and sustainable growth. With every late-paying client, cash flow for payroll, rent, or other vendors falls short, threatening your company's bottom line and growth.

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Invoicing Accounts Receivable Accounts Receivable Account Receivables 68

Xero

AUGUST 7, 2023

Whether you’re looking for tools to chase invoice payments, simplify tax compliance, or make job management easier, you’ll find plenty of solutions to help solve those key business challenges. GoCardless GoCardless puts you in control of collecting payments directly from your customers.

XERO 246

XERO Invoicing Bookkeeping Account Bookkeeping 246

Invoicera

NOVEMBER 21, 2024

Running a fitness club takes a lot of effort, and handling invoices is no exception. Nowadays, digital solutions can simplify almost any business process—including invoicing. With the right gym invoicing software , you can automate billing, streamline payments, and improve the overall experience for you and your clients.

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Enterprise Recovery: Accounts Receivable

FEBRUARY 7, 2025

It can be easy to get frustrated and make assumptions about why your invoices aren't being paid on time. After years of recovering delinquent debt for B2B clients, we've identified many reasons behind late or unpaid invoices. Read on to discover the reasons behind unpaid invoices and how to tackle them effectively.

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Accounting Tools

JULY 7, 2024

The collection of accounts receivable is vital, since it provides the cash needed to support company operations. Collecting accounts receivable is not just the task of the collections department. Instead, it calls for a company-wide effort, because collections can be improved before an invoice is ever issued to customers.

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Accounts Receivable Accounts Receivable Account Receivables Collections 75

Billing Platform

DECEMBER 3, 2023

So whether you’re a small and medium-sized business (SMB) or a large enterprise, one thing is certain – collecting unpaid debt is time-consuming and filled with challenges. This is where a debt management and collections system can help keep your revenue flowing. And the benefits don’t end there.

Collections 98

Collections AR Invoicing Accounts Receivable 98

Xero

AUGUST 16, 2022

Easily collect invoice payments directly from your customers’ bank accounts using ACH Debit and real-time payments. Xero partners with Stripe to power subscription billing, invoicing, and more to help customers get paid faster and streamline recurring payments. You can give the Gusto app a try from the Xero App Store.

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XERO Invoicing Collections Billing 244

Nanonets

FEBRUARY 14, 2025

  We recently worked with one such provider who processed over 50,000 bills and invoices monthly for their clients. Let me take you through how the service provider implemented automated invoice processing and found a way to bulk-process bills and invoices without constantly adding more staff. Here's what happened: 1.

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Invoicera

APRIL 11, 2025

Businesses that operate in different countries must overcome major challenges with global invoicing to ensure compliance and efficient invoice management. Thats where a global invoicing calculator steps in. The invoicing calculator is an innovative blend of simplicity and tax compliance automation.

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Xero

DECEMBER 4, 2023

This includes adding filing deadlines, as well as expanding beyond invoicing to incorporate other documentation and revenue sources. If you’re registered for sales tax, and invoice for taxable goods and services in Xero, you can start using auto sales tax now — simply select ‘Sales tax’ in the ‘Accounting’ menu.

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Xero

JULY 6, 2022

This makes it easy to collect both recurring and one-off invoice payments directly from customers’ bank accounts through direct debit and open banking. Add GoCardless as a payment service in Xero and apply it to an invoice or invoice template. Stripe is a financial infrastructure platform for businesses.

XERO 246

XERO Invoicing Collections Accounts Payable 246

Gaviti

JULY 24, 2024

Don’t let invoicing and processing slow you down. Creating efficient invoice processing procedures ensures you make the most of your time and money. Understanding the top invoice processing best practices and the importance of automation will create a solid foundation for your business. What Is an Invoice Processing Cycle?

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Invoice Processing Invoicing Accounts Payable Accounts Payable 98

Invoicera

DECEMBER 11, 2024

Managing invoices can sometimes feel a tough task, much like a performance of trust where an error could lead to a complete disaster! Invoicing is considered an essential need and not a mere want for owners of small and medium enterprises across the United States of America. Who knew managing money could be this stress-free?

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Xero

JULY 23, 2024

Poor cash flow can have hugely detrimental effects, with 80% of small business owners unsure if they can pay their own invoices on time, and a further 89% saying the uncertainty around money coming in and out leads to increased stress and anxiety. The integration provides the flexibility to invoice each customer within days,” says Adam.

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Accounting Tools

JULY 24, 2023

Related Courses Credit and Collection Guidebook Effective Collections Essentials of Collection Law What is the Cash Collection Cycle? The cash collection cycle is the number of days it takes to collect accounts receivable. In addition, an older invoice may not be acceptable as collateral for a loan.

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Gaviti

APRIL 22, 2025

Measurable: Establish criteria to track progress, like monitoring the percentage decrease in overdue invoices. Reduce Days Sales Outstanding (DSO): Objective: Decrease the average number of days it takes to collect payments, thereby improving cash flow. Prompt Invoicing: Issue invoices immediately upon delivery of goods or services.

Accounts Receivable 52

Accounts Receivable Accounts Receivable Account Receivables Collections 52