I did not know too much about electronic invoicing just several months ago. This was before Jerry told me about it and urged me that I should use electronic invoicing for my business like he does. To make a long story short, switching to electronic invoicing was one of the best decisions I had ever made since started out with my small restaurant biz last year.
Ever since, when I am raving about it and recommend it to some of my peers, in particular because of the enormous time savings of electronic invoicing, they naturally ask me questions about it.
Most of the time it seems that those who never heard about electronic invoicing think that it’s only something that makes sense for large companies.
One of my friends even said “Why should I switch to electronic invoicing? I own a small business, I don’t think this would be for me”.
Here is the the most important thing that you need to know: e-invoicing actually works beautifully regardless of your business’ size. In fact, it is most effective if you have a small business with only a view employees. Even if you are a one-man show so to speak, an entrepreneur or a freelancer, electronic invoicing will be more than worth it!
You can do the math for yourself: look at your business and see how much time and work you are affording every week just to do your invoices. This includes gathering all the data from your paper invoices, and then of course creating them and mailing them off. Take into account the time it takes via postal mail until your invoices are entirely processed end of course take into account costs in case you are one of those who sends invoices in the mail separately. Take into account how many how many of your employees need to work on this task.
Now imagine that electronic invoicing does away with all those issues. You don’t print out your invoices any longer and you don’t need to mail them. You simply send them online in the same way as you would do with emails. You can do invoices within a minute or two from your mobile device.
Those are substantial time savings which only add up the smaller businesses. Now you can see why I recommend electronic invoicing especially and in particular those who own small businesses.