You can easily track miles from different vehicles with different mileage rates and log them as expenses and get reimbursed by raising invoices for them to your customer. If running your small business requires driving, you need a mileage-tracking feature in your mobile invoicing app. Reimburse fuel expenses via mileage tracking If the consultants on your team have role-based access, they can also check and manage their candidate timesheets, taking teamwork to the next level. Once the timesheet is ready, you can immediately send it to the client manager for approval. The logged hours and the billable expenses are automatically added to the total billable amount and sent as an invoice immediately.įor instance, if you are a contractor, you can enter hours, breaks, and notes right on your mobile app. If you have paper receipts, you can snap a picture of them from your phone and attach them to the expenses you already recorded. The invoicing app enables you to record billable and non-billable hours as you are working on the project, making it easier to create expense entries for accurate project accounting. With a mobile invoicing app, you can track the time spent on different projects easily from your iOS or Android device. Gone are the days when businesses that charged by the hour tracked billable hours manually and compiled them into an invoice at the end of the billing period to charge their client. Thus, by using a mobile invoicing app that offers flexible payment options and integrated PCI-compliant payment processors, you can guarantee your customers simple and secure transactions, boosting their experience and loyalty. Even if they prefer to pay by check or cash, you can easily record their payment in the system using your mobile device. In this way, once the invoice is sent with the payment link, the customer can choose a payment channel and pay immediately, ensuring steady cash flow into your business. In today’s world, where everyone has their preferred online payment methods, mobile invoicing apps accept payments beyond traditional methods, including credit/debit cards, ACH, eChecks, and even cryptocurrencies. Recent research found that mobile invoicing encourages customers to pay their invoices up to three times faster than conventional methods. It’s a well-known fact that you are more likely to get paid faster when you offer convenient ways for your customers to pay. For instance, if your sales team is out in the field issuing estimates or purchase invoices, the sales manager can view the issued documents and other related transactions using their mobile device. You can keep tabs on business transactions and stay on top of your finances even while on the move. Mobile invoicing is especially convenient if you are a small business owner, freelancer, or professional busy with onsite visits and meetings. This provides the flexibility to create invoices, check the status of sent invoices, follow up on outstanding payments, get real-time payment updates, and much more, eliminating the need to log administrative hours back at your desk. The invoicing and payment data are automatically synced in real-time, making it easy to keep track of business transactions. Since all payment records are stored centrally in the cloud, data is secure even if the device gets lost. With mobile invoicing, business operations are no longer tied to one location. What are the benefits of mobile invoicing?įrom creating estimates and invoices on demand to tracking payments, expenses, and monitoring business growth, mobile invoicing provides many benefits. A business owner only needs to install an invoicing app-data is synced across all platforms so they can access invoices and other relevant client information from their mobile devices effortlessly. Mobile invoicing helps users create, send, and manage invoices from their smartphones, iPad, tablet, smartwatch, or any other mobile devices. If you’re unfamiliar with this, this guide will walk you through what mobile invoicing is and how it can help businesses stay ahead of the game. They can now send professional invoices, accept payments, track cash flow, and do a lot more-all while on the go. Thanks to mobile invoicing, business owners no longer need to stall the process until they get on their desktops. With remote work becoming prevalent across industries, businesses across the globe are leaning towards mobile devices to manage their business operations, including invoicing. We live in a tech-driven world where mobile devices have become a near-ubiquitous thing, where a few clicks get many jobs done, both in our personal and professional life.
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