Transform Your Online Invoicing Experience With Skydo

Transforming Your Invoicing Experience With Skydo
Sukanya16 December 2023

Imagine running your business as if you were driving a high-performance car, accelerating through the busy streets of your industry. The engine of your enterprise is powered by your products and services, propelling you to success. Yet, just as a powerful engine needs precise engineering, your business requires an optimised invoicing process to maintain its financial momentum. 

Let's consider an example to understand this better.

Tech Solutions, a company that provides IT services to various clients, has recently completed a project for a major client and needed to send the bill. Sounds simple, right? However, it turned out to be a problem. 

Creating the invoice meant gathering all the work details, checking expenses, and ensuring the pricing was accurate. Then came sending the invoice through email, which required manual data entry, leaving room for mistakes. Once the invoice was sent, the waiting game began. Tech Solutions had to constantly switch between emails, spreadsheets, and reminders to see if the client got the invoice, approved it, and when they'd pay.

For Tech Solutions and countless other B2B enterprises like yours, managing the invoicing process is an integral aspect of conducting business. However, with a manual invoicing system in place, this journey can be challenging and frustrating. You have to be careful with details and remember many things, and it takes time. 

This situation highlights the necessity for a more streamlined invoicing solution, such as the transformative benefits that Skydo brings to the table. 

Skydo solves these pain points, delivering efficiency and accuracy and freeing up valuable time for you to focus on growing your business. Here’s how.

Existing Invoicing Methods and Their Limitations

With the traditional method, managing your invoicing feels like trying to catch raindrops in a storm—a never-ending battle that drains your time and resources.  

Like Tech Solutions, your business struggles with the limitations of traditional invoicing methods—follow-up calls, endless paperwork, and manually tracking payments and invoices. 

Over the last quarter, your dedicated team spent countless hours on aggressive follow-up calls and reminders. These precious hours, which could have been better used in delivering top-notch services, were consumed in chasing payments. And it doesn't stop there—the manual tracking of payments and invoices led to myriads of errors, confusing both your valued clients and your meticulous accounting team.

Sagar, the Founder of Primathon, a software company, encapsulates the situation perfectly: "Manual invoice payment recon is unscalable and needs a product solution." Sagar's words mirror the sentiments of countless decision-makers like you who understand that these limitations hinder your business's growth and innovation.

Traditional methods fall short in the face of these challenges. You need an easier way to do invoices. 

With Skydo, you won't have to worry about chasing payments or making mistakes. The challenges of traditional invoicing methods may be formidable, but they're no match for Skydo's capabilities.

Streamline Your Invoicing Process for FREE With Skydo

By streamlining the invoice creation and dispatch process, Skydo can also help you to improve your working capital and reduce your Days Sales Outstanding (DSO). This means you'll have more money available to invest in your business, and you'll be able to improve your cash flow and overall financial health. 

With an intuitive and user-friendly interface, Skydo's integrated payment system also enables you to accept payments in multiple currencies. This allows you to collect accounts receivable faster and improve your cash flow.

Imagine effortlessly creating invoices the moment a new customer signs up. In just a few clicks, your invoices are in their inbox, ready to roll. 

The best part? Automated reminders that alert your customers when their invoices are due. This way, your invoices become a priority such that money does not get held up in administrative backlogs anymore.

It goes a step further with automation capabilities that handle recurring invoices, automated invoice numbers, and purpose codes, essentially taking the grunt work off your shoulders. 

With just one click, you can generate an e-invoice in practically any global currency, allowing you to customize invoices and add notes for clients. You don't have to worry about misplacing valuable information; Skydo also stores extensive records of client interactions and payment histories so that your accounting team always has access to accurate financial data.

Skydo makes it easy for businesses to streamline their invoicing process while still getting paid quickly and securely. With its automated features, intuitive interface, and global payment capabilities, you get more time, less hassle, and efficient automated invoicing that keeps your business moving forward. With Skydo, streamline invoicing, improve cash flow, and do it all at zero cost.

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