Fast and Accurate Invoicing for Improved Cash Flow

Any accountant or business advisor will tell you that Cash is King – that not getting your invoices out quickly and not staying on top of receivables kills more businesses than any other error. With this gem in mind, and knowing that most businesses struggle in this area, here are some tips about how to take advantage of simPRO’s integrated “from the job” invoicing process…

Invoicing from simPRO

Each invoice is calculated from the job automatically and updates every time your hours, costs or materials are updated. Or if it’s a quoted job, that fixed cost is rolled right through to the invoice and can’t be changed unless you authorise it or create a variation.

Maintaining Margins

simPRO enables your admin staff to quickly identify that profit margins have been maintained on jobs by displaying estimated profits against actual profits before the invoice is raised, removing the requirement for management to approve each invoice.

Invoicing From the Field

With live updating of jobs via mobile devices or remote technician access, jobs are invoiced as the technician completes the work, reducing time from dispatch to invoice. If your service technicians are using simPRO Field, they can record the charge, collect a customer signature and credit card details then transmit the job sheet directly back to you. This means you can process the card payment immediately and have the money in the bank tonight.

Deposits and Progress Claims

simPRO also generates progress claims and deposit invoices in minutes – not hours. By having up to date information, you know your committed costs and therefore your progress claims are accurate and any retentions are recorded.

Get the Invoice to Your Customer Quickly

As your invoice is completed, just click the Email button and send your invoice direct to your customer’s inbox. This saves both time and postage with the result that COD becomes a reality and “7 days from receipt” means 7 days from today. The old chestnut “It got lost in the post” no longer works for you!

Tracking Receivables

Like everything else with simPRO, viewing receivables is yours at the click of the mouse. A simple colour-coded list shows you exactly who owes you money, when it’s due and if overdue, by how long. The more overdue, the deeper the shade of red their entry is!

Retention Fees

Some jobs require you to claim retention fees after a defects liability period. In many instances we’ve found thousands, even tens of thousands of dollars of forgotten and unclaimed retention fees left on the table. With simPRO, you can set and forget your retention fee claims knowing that when they’re due, you will receive a reminder. Just another way simPRO helps you stay on top of your cash flow.

simPRO keeps your cash flow positive!

To discover more about how simPRO’s job integrated invoicing process will assist your cash flow, sign up for an obligation-free test drive.