Middesk’s Post

How 65% of business owners loss track of their sales. . . . Whether you’re new or looking to change how your business communicates with its customers, an invoicing will help you improve your payment process, keep track of your sales, and so much more. But what is an invoice exactly? An invoice is a document that itemized and record transactions between the seller (the business) and the buyer (the customer). Here are some of the reasons your business needs invoicing: 1️⃣ Payment Tracking: An invoice provides you the records of every sales made. This information is very helpful and easiest way to track monthly or even annual sales of your business. 2️⃣ Maintain Records: Businesses needs to keep record of just about everything & Invoices make crucial information quickly accessible by including the invoice date, the amount owed and whether the customer has an outstanding balance or complete payment. 3️⃣ Legal Protection: Invoices are legitimate documents that can protect small businesses against missed payments for services rendered. It provides all the information you need to prove as evidence if you need legal help to collect your payments. 4️⃣ Business Analytics: Looking back on previous invoices helps businesses analyse and determine customer buying patterns and preferences, making it easier to identify the most sought after products, apex buying period and so on. NOTE: Invoice is NOT a receipt. Invoice is evidence of SALE while Receipt is evidence of PAYMENT. Need help on how to keep track of your businesses' income and make record keeping easier and accessible. Send me a DM let's see how we can work together to sort this out. ------------- Meeting me for the first time? My name is Imo Enobong, a Data Entry Executive. I help businesses streamline their data processes to make informed choices & data-driven decisions promptly. Don't forget to hit the 'connect' button for more data entry tips! #Data Entry Services #LinkedInGrowth #Sales #RecordKeeping #Invoice

I was recently challenged on what's 'good' and 'positive' about On Point Data Ltd... how are we different? Here are just a few of the key reasons why many firms choose to switch to our services: Personal Service: With us, you won't be dealing with a call centre or someone unfamiliar with your needs. You'll have a dedicated point of contact who is always ready to assist. Responsive: Calls and emails are answered promptly, and requirements, queries and issues are handled without delay. Accuracy and Efficiency: Our robust workflow process identifies and corrects errors before they occur, ensuring that your reports are accurate and delivered correctly the first time. Streamlined Invoicing: We issue invoices only after you’ve received the final report, ensuring a clean and straightforward billing process without the hassle of credit notes. Valued Partnership: We see you as a valued client, not just a number in a database. Your business is important to us, and we strive to reflect that in our service. Convenience: You can use our intuitive online platform, or you can easily send instructions via email - we tailor make the process to be convenient for you. Not bad for starters.... oh, and then there's the impartiality, independence, flexibility and desire to continually exceed customer expectations. I'm at kevin.johnson@onpointdata.co.uk when you're ready to try something different.

Unlock the Potential of Your Business with Our Accountants Database! Are you ready to supercharge your marketing efforts and connect with key decision-makers in the accounting world? Look no further! Our comprehensive B2B Accountants Database is your go-to resource for gaining access to valuable contacts within the accounting industry. Ready to supercharge your business's strategy? Explore our B2B Accountants Database today and take the first step toward building a more resilient and prosperous future. #B2BAccountants #FinancialPartnerships #BusinessSuccess

Unlock the Potential of Your Business with Our Accountants Database! Are you ready to supercharge your marketing efforts and connect with key decision-makers in the accounting world? Look no further! Our comprehensive B2B Accountants Database is your go-to resource for gaining access to valuable contacts within the accounting industry. Ready to supercharge your business's strategy? Explore our B2B Accountants Database today and take the first step toward building a more resilient and prosperous future. #B2BAccountants #FinancialPartnerships #BusinessSuccess

Unlock the Potential of Your Business with Our Accountants Database! Are you ready to supercharge your marketing efforts and connect with key decision-makers in the accounting world? Look no further! Our comprehensive B2B Accountants Database is your go-to resource for gaining access to valuable contacts within the accounting industry. Ready to supercharge your business's strategy? Explore our B2B Accountants Database today and take the first step toward building a more resilient and prosperous future. #B2BAccountants #FinancialPartnerships #BusinessSuccess

Take a read - insights packed

Invoices are the most important documents for any business. Billings, receipts, client invoices, etc. are documents that showcase the cash flow in the business. These documents are large in number for any small or large firms which become unmanageable. To manage such vital documents precisely, invoice data digitization services can accurately manage crucial documents for business. Uniquesdata offers extensive invoice data digitization services that can enhance your business. Get Reliable Invoice Data Digitization Services from https://bit.ly/3r2U6F2 #datadigitization #dataentry #uniquesdata #invoicedataentry #invoice #outsource #dataentryinvoices #dataentryofinvoices

🌟 Discover Our Specialization: Software Subscription Collections! 🌟 Did you know that Joseph, Mann & Creed specializes in software subscription collections? Our expertise extends to managing accounts in the dynamic software industry, ensuring timely payments and reducing revenue leakage for our clients. Software subscription collections require a unique approach, considering factors like recurring billing, contract terms, and customer relationships. Our team is well-versed in navigating these complexities, delivering efficient and effective solutions that optimize cash flow and enhance client satisfaction. If you're in the software industry and facing challenges with subscription billing or overdue payments, let us be your trusted partner. Experience our tailored strategies and industry know-how to maximize your collections while maintaining positive customer experiences. Unlock the potential of software subscription collections with Joseph, Mann & Creed by your side! 🌟💻 #CollectionAgency #DebtRecovery #CreditManagement #FinancialLeadership #CashFlowManagement #CreditControl #CFOInsights #AccountsReceivable #CorporateFinance #FinancialManagement #OrderToCash #CreditRisk #FinancialControllers #DebtCollection #B2BFinance #RiskManagement #CreditAndCollections #BusinessFinance #FinancialStrategy #CreditAnalysis #TechFinance #SoftwareDevelopment #ITManagement #softwaresubscription

Some of the most common mistakes in invoice software may include: 1. The incorrect name/address of the customer. This is an error which can cause cash flow delays, customer queries and non-payment 2. Incorrect terms. If the terms of invoices have not been adequately established in the system, the error will be reflected on the invoice. 3. Inaccurate referencing of the customer purchase order number or purchasing number. 4. The non-delivery of an invoice because the email contact is incorrect. The customer will only pay if the invoice is delivered. A company's inability to provide an invoice says a lot about that company. Here is how we can fix these problems: 1. Have your client-facing staff (customer service officer) confirm/verify client data. 2. Establish payment terms for each customer and ensure they have been correctly entered into the system. 3. Some companies operate with a work order/purchase order for procurement. Relevant staff should ensure that those numbers are referenced correctly on the invoice by having another layer of review before the invoice is delivered. 4. Ensure a verification step is included before invoice delivery.

Our new C2C value matrix looks at software providers for the front end of the Order to Cash process - take a look. Have some questions? Let me know. #02C #accountsreceivable