January 2022

Get It On Time: Invoicing Made Simple with Lunar CRM

January is a tough month for everyone – with such a lengthy wait between paydays and Christmas in between, it can be difficult to make ends meet. So the last thing you want is clients paying late or invoices slipping between the cracks due to human error. So with that in mind, we’ve got some great ways to make invoicing more efficient…

Business Efficiency with Invoicing Efficiency

One way you can nip payment delays in the bud is by improving invoicing efficiency through use of a bespoke CRM. With the right tools in place, you can free up time and resources that you’d normally put towards invoicing, allowing you to improve efficiency in other areas of your business.
With that in mind, here are three bespoke CRM features you can use to improve invoicing efficiency to ensure you’re paid promptly:

1. Automate Invoicing

Creating and sending your invoices manually can be a bit of a time sink and can lead to a few invoicing errors. Instead, let your bespoke CRM automate creating and sending out invoices. Thanks to automation, you won’t have to worry about putting time in to invoicing or even remember to send invoices.

2. Chase Invoices

Unfortunately, just because an invoice is received it doesn’t mean it’ll be paid on time. Chasing invoices takes up a lot of time, which is the last thing you want when you’re already out of pocket. Setting up your CRM to automatically chase invoices that are unpaid saves you and your team having to make calls or send follow-up e-mails, so you can focus on your paying clients.  

3. Set Up Reminders

Of course, it’s best to not have to get to the point of chasing clients for late payments. Use your bespoke CRM to set up automated reminders a few days before invoices are due – sometimes invoices can get lost in the pile, we’re all human after all. So by sending reminders you can make sure your invoices don’t slip your clients’ memories.

Keep Track of Invoicing

Another great benefit or a bespoke CRM is the automated reports you can use to analyse things like which clients are paying on time, which clients aren’t and how this is impacting your cash flow. Using this data, you can make decisions on your next steps. Whether that’s temporarily pausing work until accounts are settled or in some (hopefully rare) repeated cases considering parting ways with a client, use your invoicing data to take back control of your business’ finances in 2022.

Take back control of your finances with automated invoicing features offered by Lunar CRM. If you’d like a free demo, don’t hesitate to get in touch!