Tuesday, January 14, 2014

Software Makes Invoice Management Easier

One of the enduring features of Dostoevsky's elite characters, that still survives in small communities and non-industrialized societies, is their penchant for word-of-mouth agreements. In The Idiot, the details of the deal on Nastasya's dowry are settled between General Yepahchin and Ganya without either of them having to scribble a note on a piece of paper.

No gruelling paperwork. No time-consuming need to maintain records. Just the word of mouth. There could not be more contrast between those fictional word-of-mouth deals and legalese laden tomes that define modern business transactions.

A business person of today will love to live in these societies, will he? Our insistence on putting down every single agreement clause on paper and the high demand for lawyers in this country fly in face of the imaginary societies, many aspire to.

To borrow from "How To Be Alone?" of American writer Jonathan Franzen, we have come to rely on these complex mechanisms because the gains from using them outweigh the inconvenience caused by their use. It is more convenient to note down things on paper than rely on memory that, if not easily manipulated, is at best capricious.

Let's discuss a case for invoices. An unreliable mass of neurons inside your skull is not the only reason businesses duly make and maintain invoices. There are far more immediate and practical reasons. Record keeping is one. Convenience in conflict resolution is another. A written invoice sent to a client will have more chances of getting a payment than a word of mouth. And the benefits of appearing professional are innumerable.

How you will know how much you can save in taxes, or what you do in a conflict with a client who is refusing to pay you, if not begin a frantic search of your invoice closet to find that particular piece of paper.

There can be no denying that it is important to maintain invoices. However, you can make the whole thing easier if you opt for a small business invoicing software for help, instead of relying on paper. Electronic invoices are easier to make and maintain. They are practically indestructible if you are using a web-based project invoicing software that stores your data in cloud.

You can witness the power of software in invoicing firsthand by trying this excellent tool. It comes with a 30-day free-trial, so you do not have to worry about paying right now. http://www.online-invoicing-tool.com/Features.aspx

No comments:

Post a Comment