Supercharge your accounting system with an invoicing platform

Supercharge your accounting system with an invoicing platform

When you’re first starting a business, every expense must be thoroughly justified. Most new businesses only spend extra funds on things that are absolutely critical. Instead of purchasing software, you might start out keeping track of back-end financial data and customer invoices manually. Spreadsheets for accounting and templated documents for invoices are fairly standard for small entities.

As your business grows in both size and complexity, it becomes a lot harder to manage accounting and invoicing without some more complex architecture. So you decide to purchase an accounting system to fill both roles, given your budget constraints. And that works for a little while - as long as you have low-volume, simple invoicing requirements.

Before you sign: know your payment gateway’s billing functions

Before you sign: know your payment gateway’s billing functions

The growth of payment gateways has drastically expanded opportunities for ecommerce. Before the availability of payment gateways, credit card transactions took place manually, and with delayed gratification.

Remember those contraptions stores used to imprint a copy of your credit card onto a piece of paper? The customer would sign and consider the transaction complete, but the business in question didn’t get funds until several days later, after lengthy processing.

Sync invoicing with your ERP using Sage Intacct and Invoiced

Businesses today grow at breakneck speed. One day, you’re starting out managing all internal business processes in spreadsheets. The next thing you know, your company has doubled or tripled in size, and acquired various management tools along the way.

If you’re lucky, you might be able to connect a handful of those tools through pre-built integrations. But in order to scale, you’ll likely decide to combine functions and reduce costs by launching an enterprise resource planning system, or ERP.

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