Are you a small business looking for ways to streamline your invoicing? If so, you’re in the right place! Xero has recently released an upgraded version (‘new’ invoicing) of its cloud-based invoicing system. It is packed with unique features that will help cut down on time and effort. They have added five key features to the new invoices, all designed with one agenda in mind – saving time. In this blog post, we’ll look at each of these unique features and show why they are beneficial for any small business trying to save time.
Your work auto-saves as a draft.
It only takes one interruption, and you forget that you were in the middle of drafting an invoice – only to find you have lost it when you remember two hours later.
Not anymore. With the new invoicing on Xero, it now auto-saves every few seconds.
You can make the most of e-invoicing.
E-invoicing is revolutionizing the way businesses and organizations share invoices. Australia, New Zealand, and Singapore are among the first countries to adopt this highly secure digital exchange of invoices. Instead of sending via email or PDF attachment, which can be challenging to verify and potentially be tampered with, e-invoicing allows for a streamlined process that goes directly into the partner’s accounting software.
This feature is only available with new invoicing, so now is the time to jump ship!
You can complete multiple actions at the same time.
Save time and take advantage of the new ‘approve & email’ button (formerly just the ‘approve’ button). The dropdown menu now offers several options to select. You can ‘Approve and add another’, ‘Approve and get link’ and ‘Approve and print PDF’ all in one click.
You will find yourself saving a lot of clicks and time in your workflows.
You can apply credit limits to regular customers.
In this current climate, it can be beneficial to apply credit limits to customers as it can encourage them to pay their outstanding invoices faster, increasing your cash flow.
Regularly check customers’ credit limits and review payment terms (change a 30-day to a 14-day account).
You can add new contacts and inventory items on the fly.
Adding clients and items can now be done within the invoice. No need to make sure it is set up or get frustrated when you start creating the invoice only to find you need to get out of it again!
So there you have it, five great features to help save time when using the new invoicing feature on Xero. Make the switch to new invoicing today and start seeing the rewards for yourself! Ready to make the switch? Contact us now if you need any additional help in doing so.
We look forward to hearing from you!
