Recurring Invoice - Automate your invoicing process

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Is recurring invoices suitable for your business? 

If you can relate to the following, you should activate recurring invoice immediately.  

• Service-based businesses that require sending fixed invoices to their clients or customers. 
• Businesses that offer recurring services or sells a similar type of goods to their set of customers on a recurring basis, having it from monthly all the way up to even annually. 
• Businesses that offer training or tuition classes on a monthly basis?  
• Do you have monthly memberships for loyalty programs or a gym? 
• Businesses that mail goods to your customers on a weekly, monthly or quarterly, or even yearly basis.  
• Are you a subscription-based business? 

Let's talk Benefits!  

No reason to forget! 

With so much that goes on in a day of business. It is no surprise, when we overlook some important aspects. It can be bad when we missed a date of invoicing our customers. Remember if your don't invoice your customers on time, you don't get paid on time. Thus, it's always important to ensure you have automated those repeated invoice. This way you can focus on other areas of business while Financio makes sure the invoices are sent to your customers on time and when necessary. 

Cash Flow 

Ensuring a healthy cash flow is vital to any business and undeniably invoicing is one definite way to get that ball rolling. However, many businesses don't realize that cash flow can be as easy as "ABC" if you start by identifying all the invoices that you create on a patterned manner and automate those, you will be invoicing your customers on time and they will also make payment as per due date as any possible delays are minimized or even eliminated. 

Time is precious 

I am not gonna tell you how much time you will save. Instead, tell you what are the things you can accomplish with all the time saved. For many startups or young business owners, getting around their daily task and operations alone is very heavy to the point they practically have no time to focus on growing their business, planning or strategising their business directions and that is why we are here to simplify the tedious accounting part so you focus on growing that big dream of your while we support you all the way! 

Nurture the relationship with good practices  

As human beings, we are prone to get used to routines and processes. Simply, because they make life easier and less complicated. Think about this the next time you go to the "Mamak", the process is actually so simplified to the point, we locals always do it ever so casually as oppose to dining at at the finest restaurant available in the city. The reality is that, anything kept simple and routines becomes casual and part of us. Thus, the case with invoices. When you use recurring invoices to create a pattern with your customers. They know when to expect it and they are more prone to make payments on time as it becomes part of their process. 

Learn more about how to activate recurring function in Financio here