In what could be termed as a revolution in the accounting and financial processes, the use of e-invoicing apps such as SpiderG has changed the very manner in which the invoices are raised and generated. As the best online billing system, the app is particularly useful for small businesses and micro SMEs who have to maintain records for the recurring bills and payments due month on month from customers, vendors and clients.
Users of the app could be small businesses who generate recurring bills such as fitness centres such as yoga classes, tennis classes, bus operators, newspaper vendors, laundry etc. The nature of the business suggests month-on-month billing, follow-up for payment, default payments, tracking monthly receivables and payments etc. The growth in digital technology has introduced a wide range of online tools and free invoice software from which businesses greatly benefit. For a wide range of functions and features that it carries along with it, easy invoice software like SpiderG is a boon to such businesses.
Change from the past invoicing processes
Till date, all the accounting process was largely a manual one, that involved accountants working on the book-keeping and physically uploading data and transaction till date. At the onset, it is important to throw light into the key accounting functions.
-reconciliation of statements’
-reminder for payments
-follow up for payments and default in payments’
-tracking of all receivables and payments
-reconciliation of accounts and statements
-Consistent communication with vendors/customers
During the process, every default and payment due had to be followed up in person and reconciliation of statements, often involved hours or even days of work. Besides, there was always shortcomings in the accounting processes owing to some fault, or mistake due to human error, which could have tremendous impact on the balance sheet.
Through easy invoice software tools like SpiderG, small businesses can now have complete access to all the financial statements and transactions at a click of a button. This is a free-to download app which can be operated from any place and at any time. With a host of benefits and features, the app has proven to be one of the best free invoice software for micro SME’s who otherwise had to depend on accountants and financial experts to take care of the accounting process.
Benefits of online invoicing assistance
Although much has been written and told about the e-invoicing tools, one has to use it to believe it. As a most popularly used free invoice software, SpiderG has been able to integrate all of the accounting processes successfully into the app. The app offers a host of features such as-
-A real-time overview of the entire cash flow
-recording all the transactions including all the receivables and payments
-automated follow-up messages when the money is overdue
-real-time reconciliation of statements as and when the money is received or debited
-complete history and tracking of all the transactions taken place so far
-communication with the vendors/customers
-dashboard view of all the payments due
-As one of the chosen free invoice software, SpiderG provides free migration of data from the physical form to online form
In case of easy invoice software, everything is automated, there is no involvement of paper or people here. This saves costs on overheads and can help businesses save costs and money. With the coming into use of online apps such as SpiderG, online billing and processes have been a lot simpler and more hassle-free especially for small businesses and micro-SMEs. The entire accounting process which otherwise used to be a very complex rigmarole for companies has been simplified for anyone to use and understand. This free invoice software can be downloaded by anyone and all transactions thereafter attract very nominal amount. With a host of services and features that it provides, many companies have found the transition from the manual to digital process rather simple and an easy invoice software to use. As the best online billing system, the company has been able to mobilize customers across varied businesses within a very short period of their operations, due to its easy-to use features and hassle-free operations systems. What’s more this app is a free-to download app and can be operated at a click of a button from any corner of the world. This makes managing business or even multiple businesses an easy task for individuals.
Why Top online invoicing apps is the choice for effective accounting?
Tracking invoices and payments, online invoice generator, online billing software
Invoicing and raising bills and payments has long been a manual process, often involving accountants or a team of financial experts to slog over the payments, payment collection, reconciliation of bills etc. With the coming of the digital technology, there has been a sea change in the way our accounting system operates as the online billing software has taken over the job of financial experts rather efficiently. Whether it is about tracking invoices and payments or effective communication with the clients/customers or vendors, the online apps does it so efficiently that it could give the manual accounting processes a run for its money and expertise. For these reasons and more, Online invoice generator tools such as SpiderG have become popular especially with small businesses and micro- SMEs.
There are a host of facilities that the app provides which makes it a hassle-free and user-friendly app to use across varied sector and categories of businesses. To know more about why the app is one of the most sought-after tools, read on.
Efficient follow-up for payments– Automated communication with the customers/clients for follow-up of payments due and consistent communication for all the overdue bills helps save costs and effort. All of these are done effectively through online billing software
Real-time reconciliation– The moment the business receives payments, reconciliation happens automatically and by default. There is no slogging over books and accounts by accountants like it was in the earlier days of manual accounting. Like already mentioned, tracking invoices and payments is a lot easier and reconciliation is almost immediate as the statements are automated and payment history is available in calendar view format.
Tracking transaction history– All the transactions made since the initiation can be tracked through the online billing software. This can help businesses get better insight into the payment cycle, pattern of payments of individual customers as well as helps plan finances better.
Effective Communication with vendors/customers: For any kind of payments or issues pertaining to invoices, each of the SpiderG customer can communicate with the vendors through a chat window. This can ensure that any confusion pertaining to payments are sorted out then and there.
Smooth Migration of data to online: SpiderG provides data transition from physical form to digital format and sync it with the app. This is a one-time activity of creating the database and is available for the customers of SpiderG. Once the initial migration is done, data can be updated on regular basis as and when you add customers
Complete Data security-The customer data is automated and provides for complete data privacy and security.
Secured payment gateway: Payments through online billing software are made through banks, payment channels like UPI, Paytm and are integrated with the systems. There is effective antivirus and antispyware software to negate any chances of malware attack. Security of the systems are normally monitored round the clock.
Organizations and businesses have nothing to lose, but a lot to gain when they shift their accounting to online invoice generator. As business owners, you will be able to have complete access to your finances and accounts just at the click of a button. Micro SMEs have to devote time, labour and effort for managing accounts and finances, send person to collect money and have somebody to keep track of all the payments. Well that was a case early and not a situation any longer. With SpiderG, tracking invoices and payments is easy, hassle-free and very effective too.
For customers on the other hand, this saves the ordeal of going to the shops or offices making payment month on month basis. Customers can pay safely, sort out any dispute and keep track of all the payments made till date. Hence there will be no discrepancy that can arise in the case of online e-invoicing apps. To put things in a nutshell, with SpiderG installed, it is therefore a win-win situation for both businesses as well as the customers.
Download the app here: https://play.google.com/store/apps/details?id=com.spiderglite