The billing is a key element of any business, ensuring that revenues are properly accounted for and transactions are transparent to customers.
With the advent of digital technology, companies are constantly looking for ways to optimize their processes to save time and money.
One way of achieving this is to integrate an invoicing tool into your overall business management system, while at the same time ensuring pre-accounting management. This tool will not only have to be an approved software package, but also meet the specific attributes relating to the reform of invoicing in France, scheduled for July 2024.
But what are the real advantages of integrating such a tool?
What are the advantages of a billing tool?
Save time and boost efficiency
Manual data entry, searching for invoices or resolving billing errors can be time-consuming.
By automating these processes, you can free up time to concentrate on more strategic tasks, such as drawing up monthly balance sheets or monitoring the financial health of the company you’re in charge of.
Automating the sending of invoices at the end of a project, or reminders to honor payments, can be indispensable features of such software.
Permanent adaptability and scalability
An integrated invoicing tool must be able to evolve with your company’s needs.
Every piece of software is unique, and as such some are better suited than others to the type of business you’re in (a company selling hardware, for example, will not have the same invoicing needs as a company selling man-time).
The same is true if your growth is significant: whether you’re expanding your product offering, entering new markets or increasing your customer base, a well-integrated system must be able to adapt easily to these changes without requiring a major overhaul.
Facilitate receivables monitoring
When customers don’t pay on time, it can seriously affect your company’s cash flow.
We all know how vital a good cash balance is to running a business: too large a cash balance and the “real big problems” begin.
With an integrated system, you can automatically send payment reminders, help track receivables and even automate parts of the collection process.
Improved payment visibility
An integrated invoicing tool provides better visibility of incoming and outgoing payments.
You can easily track who paid, how much and when.
This increased visibility can help to improve cash management and make informed financial decisions.
It can also help you easily identify customers who are wasting your time, and who ultimately aren’t profitable for you.
Having such a billing tool, with centralized data coupled with commercial and project management aspects, can also enable you to visualize the most important metrics of your business on dashboards: net margin per project, profitability per project, time spent…
Reduce data entry errors
One of the main concerns in any billing process is human error.
By integrating a digital invoicing tool directly into your management system and processes, you reduce duplicate data entry and the errors that can occur when manually entering data.
This guarantees precision in the invoices generated, and ultimately a better customer experience, free from potential errors.
Enhanced safety
Online billing tools feature advanced security measures to protect sensitive data.
These measures are absolutely essential, since handling data, especially financial data, is no trivial matter.
By integrating such tools into your management system, you benefit not only from their functionality, but also from their robust security protocols.
Furious Squad's billing excellence
As you can see, it’s essential for any company to have a tool that’s robust, reliable and flexible.
Furious Squad, as an invoicing tool but also and above all as ERP business management software, offers an integrated invoicing solution that not only meets the needs mentioned earlier in this article, but goes far beyond.
Thanks to its ease of use, advanced features and integration options, it is now used by many growing companies that have opted to save time and increase profitability.
Why Furious as a billing tool
Our quotation and invoice software can totally revolutionize your business.
For the financiers we support in its use, being able to draw up balance sheets before the end of the month in 2 clicks has totally changed their way of working. Less stress, more profitability would clearly be their Furious mantra.
Our flagship features are numerous, but when it comes to invoicing, we can mention just a few:
- Invoices are issued automatically when the end of the project is validated, or according to the deadlines set in the previous project. Invoices are issued automatically on the basis of the estimate(s) generated and signed directly on Furious at the start of the project.
- Track time billed against time sold, enabling you to avoid the often excessive overruns on time spent per project.
- Automatic reminders – by e-mail or registered mail
Furious has been approved by the French government as software compliant with the 2024 invoicing reform standards – so you can leave with peace of mind when you integrate our tool.
Exploit the full potential of Furious Squad
Furious, as you will have gathered, is not just about invoicing. It’s also an easy-to-use, super-powerful CRM module, a section dedicated to employee follow-up and, above all, project management from A to Z.
So, when do you start?
