{"id":281558,"date":"2024-08-23T16:00:11","date_gmt":"2024-08-23T04:00:11","guid":{"rendered":"https:\/\/www.reckon.com\/nz\/?post_type=sbh&#038;p=281558"},"modified":"2025-01-30T18:07:54","modified_gmt":"2025-01-30T06:07:54","slug":"online-invoicing-benefits","status":"publish","type":"sbh","link":"https:\/\/www.reckon.com\/nz\/small-business-resources\/invoicing\/online-invoicing-benefits\/","title":{"rendered":"10 Benefits of Online Invoicing"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.23&#8243; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;0px||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row column_structure=&#8221;1_3,2_3&#8243; _builder_version=&#8221;4.23&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; width=&#8221;100%&#8221; custom_padding=&#8221;||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_3&#8243; module_class=&#8221;table-contents&#8221; _builder_version=&#8221;4.23&#8243; background_color=&#8221;#f4f4f4&#8243; custom_padding=&#8221;25px||25px||true|false&#8221; sticky_position=&#8221;top&#8221; sticky_limit_bottom=&#8221;section&#8221; sticky_position_tablet=&#8221;top&#8221; sticky_position_phone=&#8221;none&#8221; sticky_position_last_edited=&#8221;on|desktop&#8221; pac_dcm_carousel_specific_module_num=&#8221;0&#8243; border_radii=&#8221;on|24px|24px|24px|24px&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;4.23&#8243; text_font=&#8221;||||||||&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; background__hover_enabled=&#8221;on|desktop&#8221;][\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;2_3&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; pac_dcm_carousel_specific_module_num=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text admin_label=&#8221;Copy paste body text here&#8221; _builder_version=&#8221;4.27.4&#8243; header_2_font_size=&#8221;32px&#8221; hover_enabled=&#8221;0&#8243; header_2_font_size_tablet=&#8221;30px&#8221; header_2_font_size_phone=&#8221;26px&#8221; header_2_font_size_last_edited=&#8221;on|tablet&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p><span style=\"font-weight: 400;\">If you issue invoices while running your small business, you should pay attention to how you send and manage these invoices. The benefits of using <\/span><a href=\"https:\/\/www.reckon.com\/nz\/accounting-software\/invoices\/\"><span style=\"font-weight: 400;\">online invoicing<\/span><\/a><span style=\"font-weight: 400;\"> have simply become too big to ignore.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Gone are the days of manual and paper invoicing practices because online methods offer a clear advantage.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So, why exactly should you be sending invoices online?<\/span><\/p>\n<h2><b>1) Easier for you<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">If your small business issues invoices for work completed, or agreed to, using online invoicing software has obvious benefits. Your business can rely on being able to send out accurate and timely invoices that are easier to pay.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Online invoicing (through <\/span><a href=\"https:\/\/www.reckon.com\/nz\/accounting-software\/industries\/hospitality\/\"><span style=\"font-weight: 400;\">cloud accounting software<\/span><\/a><span style=\"font-weight: 400;\"> or invoicing software) will enable you to send automated invoices. Online invoices can also be effortlessly reported on. Better yet, you\u2019ll have the benefit of built-in reminders, so you don\u2019t have to chase unpaid debts.<\/span><\/p>\n<h2><b>2) Easier for your clients<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Your clients will be much more willing (and able) to settle their outstanding invoices when you simplify the process.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Any extra steps will inevitably delay the payment of an invoice. To help them help you, offer your clients simplicity through one-click \u2018pay now\u2019 functionality.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It\u2019s hard to overstate how much a one-click process will diminish your payment turnaround times. As with many things in both business and life, if you make an action painless and simple, you\u2019ll see a rapid uptick in action.<\/span><\/p>\n<h2><b>3) Send invoices instantly<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Have you ever forgotten to send an invoice letter? With online invoicing, you can deliver an invoice within moments of completing a job. As soon as you\u2019ve completed your work, you can send your invoice right there and then with a few clicks, using any device.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This not only eliminates the administrative burden of having to manually send out invoices later, but it also removes the possibility of forgetfulness. It also encourages your client to pay instantly, rather than letting it lag.<\/span><\/p>\n<h2><b>4) No risk of getting lost<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">When you send an invoice online, you\u2019ll never hear the words \u2018I didn\u2019t see your invoice\u2019 ever again.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Your invoice will be delivered directly to your customer\u2019s software without any manual processes or paperwork.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You\u2019ll have oversight and confirmation of delivery through inbuilt \u2018read receipts\u2019.<\/span><\/p>\n<h2><b>5) Enhanced tracking capabilities<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">On top of swifter invoice delivery, you\u2019ll receive immediate notifications of both delivery and interaction.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Through read receipt functionality, you\u2019ll get definitive proof of your invoice being read. You can also track each individual invoice to get complete visibility over your invoice\u2019s status.<\/span><\/p>\n<h2><b>6) Less paperwork<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Online invoicing doesn\u2019t just mean less paperwork \u2013 it means no paperwork whatsoever.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Your invoices are delivered digitally to your client\u2019s own software and all reporting such as <\/span><a href=\"https:\/\/www.reckon.com\/nz\/small-business-resources\/financial-information\/what-is-accounts-receivable\/\"><span style=\"font-weight: 400;\">accounts receivable<\/span><\/a><span style=\"font-weight: 400;\"> and late payments are tabulated in your solution.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Throughout the entire invoicing process, you\u2019ll never have to touch a sheet of paper or manually manage a spreadsheet or word document.<\/span><\/p>\n<h2><b>7) Saves money<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">When you eschew paper and postage to embrace a modern digital method of invoicing, you\u2019ll inevitable be saving money.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Outside of the obvious, there\u2019s always the sage adage that \u2018time is money\u2019. It may feel a little clich\u00e9 at this point, but it remains a steadfast fact.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you\u2019re spending hours on manual invoicing or chasing payments, you\u2019re not spending that time on your next job. This leaves valuable time for kicking other business goals.<\/span><\/p>\n<h2><b>8) Reporting capabilities<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">One of the most significant benefits of delivering your invoices within a software solution is enhanced reporting. You can swiftly run real time reports on accounts receivable, aging reports, and profitability.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, if you\u2019re using the online invoicing function within your cloud accounting solution, these reporting capabilities will become significantly enhanced.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You\u2019ll be able to link invoice payments to your bank account, run cashflow reports, check your incomings and outgoings in real time and run reports on GST and compliance.<\/span><\/p>\n<h2><b>9) Mobile accessibility<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The benefits inherent in mobile accessible invoices is one of the standout features of online invoicing.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The moment you\u2019ve finished a job, you\u2019re able to immediately push out your invoices from any mobile device.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This mobile immediacy in turn leads to quicker turnaround times for debtor payments. If you invoice clients on the go and within moments of completing your work, it\u2019s much more likely your client will click \u2018pay now\u2019 right there and then.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This immediacy reduces your accounts receivable burden and generates snappy cashflow.\u00a0<\/span><\/p>\n<h2><b>10) More professional<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">No matter your vocation, an image of professionalism will enhance trust and client satisfaction. The professionalism of online invoicing will exude an image of dependability. This will lead to further business and more cashflow.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">In the modern era, there\u2019s no longer a need for manual invoicing processes. With the advent of professional, affordable, and accessible online invoicing software, the decision should be simple. If you issue invoices in your small business, try our<\/span><\/i> <a href=\"https:\/\/www.reckon.com\/nz\/accounting-software\/invoices\/\"><i><span style=\"font-weight: 400;\">cloud accounting software with online invoicing capability<\/span><\/i><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p>[\/et_pb_text][ba_social_share icon_bg=&#8221;#03002e&#8221; icon_padding=&#8221;10px|12px|10px|12px|true|true&#8221; layout=&#8221;classic&#8221; show_text=&#8221;off&#8221; btn_padding=&#8221;0px|0px|0px|0px|false|false&#8221; btn_bg_color=&#8221;RGBA(255,255,255,0)&#8221; _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;50px||||false|false&#8221; custom_padding=&#8221;25px||||false|false&#8221; custom_css_before=&#8221; content: %22SHARE THIS%22;|| font-size: 16px;|| font-weight: 700;|| line-height: 22px;|| letter-spacing: 0em;|| text-align: center;|| color: #ff5447;|| margin-bottom: 10px;|| display: inline-flex;|| position: absolute;|| margin-top: 10px;&#8221; border_width_top_main=&#8221;1px&#8221; border_color_top_main=&#8221;#e4e4e4&#8243; border_radii_icon=&#8221;on|5px|5px|5px|5px&#8221; global_colors_info=&#8221;{}&#8221; custom_css_before_last_edited=&#8221;off|desktop&#8221;][ba_social_share_child _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/ba_social_share_child][ba_social_share_child network_type=&#8221;facebook&#8221; _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/ba_social_share_child][ba_social_share_child network_type=&#8221;linkedin&#8221; _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/ba_social_share_child][ba_social_share_child network_type=&#8221;email&#8221; _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/ba_social_share_child][\/ba_social_share][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When running a small business you need the best tools available. 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