16 Surprising Benefits of Mobile Invoicing You Must Know!

As a businessman, you must be aware of the bitter fact that making bills and sending them to your clients/customers is not less than a headache.

 

From your accountants to all employees working on a particular project bear the responsibility of making bills and sending them. Furthermore, late invoice preparation means receiving late payments from your clients.

 

In simple words, late invoicing causes late payments, and late payments are detrimental to your cash flow.

 

So, how to cope with this invoicing issue?

 

The best way to tackle this billing issue is to move towards mobile invoicing for faster bill generation and your business growth.

 

What is mobile invoicing and how can it benefit your business?

 

Mobile invoicing for business is the method of sending bills to your clients on their mobile phones in an email, which is not only convenient for your business, but also for your customers. It is because as per Statista, 38% of online shoppers think that mobile payments are more efficient in comparison to other payment methods.

 

Apart from that, there are also countless mobile business invoicing benefits for your business, let’s know them one by one with some reliable stats.

16 Unbelievable Benefits of Mobile Invoicing for Your Business

1. Payments Made and Received Fast

 

As mentioned above, invoicing delays give birth to late payments, resulting in a poor cash flow. However, an efficient mobile invoicing app can turn this negativity into positivity.

 

It can quickly send an invoice to your customers with a free invoice software, and they can receive that at lightning speed. By means of advanced invoicing apps, businesses can automatically send invoices to their customers when they take services or products from them.

 

Moreover, you must remember that mobile invoicing makes customers pay you 2 to 3 times faster, according to the research.

In a nutshell, payments made and received faster when banking on mobile billing apps.

2. Saving Money

Paper invoicing devours a great deal of time and a large amount of money (stationery, paper, postage etc).

 

On the other hand, mobile invoicing and payments not only saves your money spent on stationery, paper, postage, and the like, but it also saves your time, as you can use your fingertips to send the mobile bill to your customers promptly.

 

Furthermore, it also saves you from duplicate invoices, in which you pay for an invoice more than once. Sometimes, it is done by your vendors intentionally and sometimes by mistake.

 

According to some study via Concur, preventing duplicate invoices can help you save around $12,000 per month.

 

If you see any bill on your mobile screen, your system will clearly show you whether it is paid or not, which, in turn, will save you from paying more than once.

3. Billing Process Becomes Standardized

 

Using modern invoice app for Android or any other platform, you can get your entire billing process standardized, making it more professional-looking.

 

Most mobile invoicing apps can integrate with a cloud-based system, and you will be able to sync your data across multiple devices for a uniform look without being affected by any place from where you access it.

4. Convenient for Customers to Pay You

 

As per Statista, 29% of US customers love to pay using their smartphones. It is because they don’t have to come to you carrying cash, cheque, or credit card for payment. They can pay from anywhere by using invoicing apps for Android or iOS whichever they have.

 

Furthermore, you must take it into account that many famous mobile bill apps like Invoicera, which is a famous Android mobile invoice app comes with 30 payment gateways, which means your customers will have more options to pay and choose one as per their convenience. Read more...