Go Paperless: The Benefits of Online Invoicing for SMBs

Oct 16, 202317 mins read

Switch to online invoicing software and manage billing for your small business simply and efficiently in one place.

Running a small or medium-sized business involves keeping track of many moving parts. Between managing inventory, handling payroll, tracking expenses, and creating invoices, things can easily become disorganized without the right systems in place. And when it comes to invoicing, many SMBs still rely on paper-based methods that are slow, prone to errors, and make it difficult to track payments. Fortunately, there is a better way - online invoicing software.

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Online invoicing platforms like Invopoint are purpose-built to simplify and streamline the entire invoicing process for SMBs. Designed as an all-in-one solution, Invopoint allows you to easily create, customize, send, and track invoices right from one centralized dashboard. You'll save time, boost productivity, and be able to focus on what matters most - growing your business.

Let's take a closer look at some of the major benefits of switching to online invoicing with Invopoint:

1. Create Professional Invoices in Minutes

With Invopoint's user-friendly interface, you can quickly build polished, customized invoices that reflect your brand. Simply select from sleek pre-made templates, add your logo and color scheme, and fill in the invoice details. The platform does the formatting and calculations automatically based on your settings and products/services. You can easily save invoice templates to reuse again and again.

2. Send Invoices Instantly with Multiple Options

Once your invoice is ready, sending it out is a breeze. With Invopoint, you have multiple delivery options including:

  • Email - Send invoices directly from the platform via email
  • SMS - Send invoice reminders by text message
  • Web/Portal Access - Allow customers to access invoices from their online portal
  • Post - Print and mail paper invoices if needed

Customers get a professional, easy-to-read invoice instantly delivered however is most convenient.


3. Accept Online Payments Seamlessly

Get paid faster by letting customers pay invoices online. With Invopoint's integrated payment processing, you can securely accept credit card, PayPal, and bank payments directly through your invoices. Funds get credited to your linked bank account, allowing you to skip manual reconciliation. You save time on accounting while getting paid promptly by customers.

4. Organize Customers & Recurring Invoices

Keeping track of clients and repeat business is simple with Invopoint. You can create customer profiles to store billing/shipping details, transaction history, notes, and other info to reference later. Setting up recurring invoices for ongoing services is easy too - just choose a frequency and the platform automates future dated invoices for you.

5. Automate Reminders & Late Fees

With all invoices in one place, you have visibility into what is paid or unpaid. Invopoint can automatically send payment reminder emails and SMS to customers with overdue invoices. You can even configure late fees to start applying to past due invoices based on your terms.

6. Track Payments & Create Reports

The centralized dashboard gives you up-to-date visibility into the status of all invoices and payments. You can filter by client, date, amount or other criteria. Invopoint also offers one-click reporting so you can easily generate financial reports on sales, expenses, profitability, and other insights.

7. Access Anywhere 24/7

Since Invopoint stores everything in the cloud, you can create, send, and manage invoices from any internet-connected device. The web portal facilitates collaboration across employees and gives you 24/7 access to invoice data from wherever you are. Far more convenient than paper filing cabinets.

8. Integrates with Accounting Platforms

Invopoint integrates with popular small business accounting platforms like QuickBooks and Xero. Invoice data flows seamlessly to your accounting system so you don't have to export CSVs or enter the same info twice. The platforms sync together for efficient end-to-end management.

9. Highly Secure for Privacy Peace of Mind

Data security is enforced through SSL encryption, two-factor authentication, and other measures. Your financial data stays safe from cyber threats. Invopoint is GDPR and SOC2 compliant, adhering to strict international data protection standards.

10. Simple & Affordable Pricing

Invopoint packages are designed for lean small businesses. Plans start at an affordable $15/month and can scale up as your needs grow. With reasonable pricing, no commitments, and everything bundled into one platform, it is a highly cost-effective solution.

Go Paperless Today with Online Invoicing

Invoicing doesn't have to be a slow, disorganized hassle. By moving to Invopoint's online invoicing solution, SMBs can save hours of time each week while getting paid faster. Streamline your invoicing operations today with a free trial - no credit card required. Simplify invoice management and focus your efforts on what matters most: delighting your customers and growing a thriving business.

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