When you manage a business, keeping up with your merchant account and client payments can be a hassle. One of the most important aspects of running a successful business is staying on top of client billing. For many people, this aspect creates an unnecessary headache as technology continues to complicate rather than fix the problem of small business billing. Fortunately, there’s a solution to the issue of efficient client billing. FreshBooks, the virtual equivalent to accounting software products, is a cloud-based online accounting system designed to help small businesses streamline their billing. How can FreshBooks help your business succeed? Here are a few benefits to utilizing cloud-based accounting technology.
Better Time Management
As a small business owner, your time is stretched pretty thin. Between meetings, appointments, presentations and keeping the office running, you may not have the time to spend on extensive client billing. FreshBooks can significantly reduce the time it takes to bill clients and accept payments. Using the latest in modern accounting practices along with cloud technology, you can easily send out invoices without spending hours on the process. The sooner you send out invoices, the sooner you can get paid. Best of all, the system is intuitive and can be accessed anywhere. No matter your time constraints, cloud-based accounting eliminates your stress.
Cost-Effective Solution
Whether you accept credit cards using traditional methods or you invest in an online merchant account, billing can get expensive. From costly accounting software to hiring a professional accountant, you may spend thousands every year on unnecessary products to help streamline the process. FreshBooks makes it affordable to keep track of expenses and bill your clients. You still get the same level of high-quality accounting products without spending a fortune.
Backup Emergency System
Over time, cloud technology allows your business to grow more efficient and productive because you won’t be spending needless hours on billing. But even more important, cloud technology eliminates the risk of lost data. Have you ever been working on an invoice only to have it disappear due to a glitch or virus? Virtual accounting solves this problem, and this is why FreshBooks was created. As a small business owner, you don’t have time or money to waste on restoring lost data or redoing invoices due to a system crash. FreshBooks stores your data in the cloud. You’ll always have access to the information from any computer connected with your account, and you never run the risk of losing valuable, sensitive information.