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No one likes fine print – not even those who have to write it. Invoice payment terms and conditions are particularly problematic, especially for small businesses trying to set them up for the first time. Unfortunately, they’re vital in ensuring that your clients understand your payment terms and schedule and that you get paid on…
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Invoices are the lifeblood of all B2B businesses. And in an ideal world, you’d never have to worry about getting paid. Unfortunately, that’s not the world we live in, and unpaid invoices are a common problem for companies of all sizes. Today, we’re here to help you overcome that problem. In this article, we’ll discuss…
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In 2023, freelancing has taken on a whole new level than ever before. Studies show that 73% of U.S. workers planned to freelance in 2023, and more than 72% of Gen Zers stated they plan to leave their jobs in 2023. With numbers like those, it should come as no surprise that freelancing is simply…
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Invoices are the bread and butter of every business. But what does a professional invoice look like? Which of its elements hold the most meaning for your company, and why? Well, you’ve come to the right place to find answers. In this article, we’ll go over each aspect of a professional invoice template, explain its…
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Are you prepared for the financial challenges 2023 may bring to your small business? According to Forbes, The US alone has over 33 million small businesses. Out of these, more than 80% have a single employee. Individually, small businesses only impact the economy a little. However, when you consider them collectively, it entirely changes the…
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We are living in a digital age so there’s no surprise why companies are choosing to use online receipts for their customers. But not all organizations have chosen to go digital with their proof of payments so how does this impact their business? Opting to go digital can have profound implications for any company. If…
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Imagine the situation – an invoice arrives demanding immediate payment, but you don’t recall ordering anything from the company in question; this is just a taste of the shady world of fake invoice scams, and it’s costing businesses millions of dollars yearly. This comprehensive guide will uncover the secrets behind these scams, help you spot…
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Managing invoices is vital for business credibility. If you’re a freelancer, run a SME, or handle finances, you’ll face outstanding invoices. This term can be unsettling, especially if awaiting payment. So, what is an outstanding invoice, and why does it arise? How can we tackle it? Outstanding invoices, while prevalent, aren’t unbeatable. Let’s dive-in to…
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You can’t operate a business without sending invoices to your clients. Creating and sending invoices is vital to get paid. The importance of invoicing is very well known, yet it is common for businesses to make invoicing or billing errors that result in billing issues. In this article, we’ll talk about some of the most…
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Is your business safe from invoice fraud? Despite technological advancements in security, invoice fraud continues to be a pervasive issue that costs businesses millions each year. This form of financial deception involves the manipulation or fabrication of billing documents to divert payments or illegitimately extract funds. Not only does it pose a significant financial risk,…