Contractors undertake contracts to provide materials or labour to perform a service or do a job.
Working as a contractors are meticulous job. You need to make sure you close a deal with the best rate for you and also to find materials or labour within your budget to maximize your profit margin. Liaising with many parties plus having to manage your business’ finance is not an easy job.
Hence, subscribing to an accounting software that suits your business model is important. This is because most accounting software (e.g. TreezSoft) comes with add-ons that can help with user’s daily operation processes. We will list down how an accounting software like TreezSoft is able to ease your burden in running your business while enhancing your daily operation processes.
Getting paid is much easier than you could imagine
One of the most obvious benefit of getting an accounting software is the invoicing system that comes with it. A good accounting software includes invoicing system for all users. You can easily issue invoices to your customers and register their payment conveniently as well.
With the help of a system, you can easily organize, store and retrieve all your accounting records. This will simplify your process of getting paid from your customers.
Besides, cloud accounting software like TreezSoft allows you to email your invoices to your customers, saving cost on printing and spaces to keep your accounting records.
How you can invoice as a contractor
Furthermore, accounting software like TreezSoft uses series of automation and integration to enhance your invoicing processes. TreezSoft provides add-ons that suits different business model. Add-ons are integrated automatically to your account in TreezSoft As a contractor, you can subscribe to our progress invoicing add-on to quote your clients for the contract received and invoice your clients based on your progress. This will help you get paid continuously and enhance your company’s cash flow.
Using the progress invoicing will also promote your customers’ trust on your services as they are able to track your progresses easily as you bill them according to your progress. Moreover, your customers need not have to pay a big sum of deposit prior the project. This will reduce customers’ investment risk as well.
Stay professional
While making sure on getting paid on your projects, you can also work on staying professional when invoicing your customers. With the invoicing feature in TreezSoft, you will be able to keep your invoices format consistent, concise and clear. You can easily setup your invoice template in TreezSoft and generate them in a few clicks.
From adding your company’s logo, clear and concise description and amount – all these things will show that you are serious about the business and your customers will take you seriously too.
You can read more on related articles on how TreezSoft can help enhance your business:
TreezSoft is a cloud accounting software for Small and Medium-sized Enterprises (SMEs). It allows you to access your financial information anytime, anywhere. It also allows you to have unlimited users for FREE for your account in TreezSoft. Our aim is to help reduce our clients' time spent on accounting mainly by using our automated processes and integration to help increase their company effeciency at a minimum costs. SMEs can use TreezSoft to keep track their expenses, accounts, daily operation e.g. Point of Sales (namely QPOS) system and etc.
Visit TreezSoft at http://www.treezsoft.com/ to sign up for a 30 days trial account with us!
You can also email us at [email protected] for more enquiries.