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Tuesday, 31 January 2012

The Choice Between an Online Invoicing Solution and Stand Alone Software

Invoicing is the most important task a business house has to carry out. Perhaps the it is the only task which ensures you get the payments on time. You may have done the right work all through out and your clients and customers may be extremely pleased with your performance but if you fail to send invoices right on time, thee is just no way of getting timely payments.


Sending the invoices is again an over whelming task. No matter how efficient and organized you are, on a normal day it may take somewhere around 15 hours of the month to generate invoices. Ever worse, you do not get any payments for the time spent on generating invoices for the clients. It is a completely non productive use of time and the same would have been efficiently used if you have worked on a client and accounted the same 15 hours in the billable hours.

Thus there prevails and undying need to automate and fast track the entire process of generating and sending invoices. Perhaps employ a software which would enable the business owners to smartly track down their expenses and include the same in the reports.

With the present day developments in the field of science and technology, the business professionals now have the option of invoicing software, in order stream line the functions and easily come up with invoices, bang on time. As far as the choices with the professionals are concerned, there are basically two choices – you as a business professional can either employ a stand alone software or opt for online invoicing software. And though stand alone software provides great functionality and features to the company, the entrepreneurs find it more easy and effective to opt for online billing solutions.

What works in the favor of stand alone software is that they are easily accessible and are there on the very desktop of your work stations. Where as with the online billing solutions, you have to rely up on the Internet Service Protocol and the connection with the server. The application might come out to be completely impotent if there is no internet connection of the internet is down for quite some time.

However what online invoicing solution does is that it gives you the liberty to fly out under the sky and yet maintain effective records of the time you spent on the various client projects. The online billing software come laced up with expert time tracking capabilities. In fact time tracking software is synonymous with the online invoicing software and with the expert time tracking capabilities you get the liberty to calculate the billable hours, even if you are not in your office. A stand alone software can not provide this feature. Thus if you are traveling and works while traveling, you have an easy solution to take into consideration the time spent and charging your clients for the same.

Also with the stand alone software, you need to feed in all the expenses manually. A stand alone software can not include the expenses at the time they are occurred and thus you may have to store the receipts and payments of the same. But the online invoicing solution also is the expert expense tracking software and thus gives you easy and reliable ways of taking a track of the expenses that you incur. With the expense tracking capabilities you can take into account every ounce of money that goes in to client projects and include the same in the invoices.



In addition to that, online invoicing solutions are very flexible and secure. You can access the online invoice software from anywhere in the world. Unlike stand alone software, you need not go through tedious and time consuming processes to add a new employee and etc. Besides, these online invoice software are completely safe and offer effective data back up feature to protect the data that you put in.

Thus when it comes to choice between stand alone software and the online invoicing software, the online invoice software is a far better solution.

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