Tuesday, February 26, 2013

Online Billing System for Many SMEs & SMIs

6:55 AM



Online Billing System for Many SMEs  & SMIs

Many SMEs in Malaysia failed to sustain their business for 3 years and above.

A business failed could come from several issue, however most of the business owner facing the two main issue below but yet to realize by most of the business owner:

-          Does not have a clear direction in their business.
-          Never put concern into the business cash flow.

Many businessman realized their cash flow problem  but yet to receive a proper business consultant and a good software that could help them.

A business should implement the computer system into their business management and operation process. This is always the same answer if you ask an IT expert.

Let me share with you how can an online billing system can solve your business cash flow problem. An online billing system allows a business owner to create and manage the invoice, payment note, debtors, and customer profile. Businessman will have total control over the billing transaction, and customer data.

An online billing system will help a boss/management to reduce the ongoing burden and they  are able to concentrate on their main function.  Eventually you’re a boss would be able to relax with the confidence that this job is being well taken care of by an online billing system.

In conservative  business processes, billing capability proves to be the main concern.  These Company would faced a lot of  issues and problems in their  billing.   Their procedures tend to be long, repetitive, time consuming and labour intensive but not cost effective.  The most common problems include  having to individually create quotation by word/excel, track its reference running number manually & etc, upon receipt of order, manual order confirmation and delivery orders. By the time actual billing could be done, there is a time lapse.  This would cost Companies lots of monies as payment date would be affected.  Also record/track  the unpaid bills manually.  All these billing works got to be done manually.  Most importantly, mistakes tend to arise more frequently due to human error and most times traceability is tedious.  Again these problems and issues are endless.

However, with a online billing system , most of your conservative  billing issues  would be resolved.  How?
-          Access anytime, anywhere
-          Track payment & Improve your cash flow
-          Details sales and payment receive report
-          One click invoice features
-          Permission access control
-          Intelligent search into previous records
-          Customize quotation & invoice layout
-          Automatically the running number

You can check the customerbilling and your sales reports at anytime and anywhere. This would greatly improve work efficiency both ways, your staff knowing you have immediate access to the accounts. 

Most of the online billing system allow you to do have the data transferredto other accounting system such as UBS   without your Accountant having to RE-TYPE your invoice and payment note!

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