Managing your business, providing tax advice to your clients, the everyday paperwork—it’s draining. You’d think the end of a client billing cycle would be the easy part given all the work you’ve already put in, but we all know that’s not how the story ends *sigh*.
To make the process less painful, here are five best practices for fast and easy client billing:
You can’t get a clear view of everything that’s going on in your practice when all your data is scattered. Instead of pulling info from different places and reproducing data for invoices (which is error-prone) save yourself time with a platform that automatically tracks all of your work for you, seamlessly.
Client billing takes longer when you have to export data from different places manually. It’s all a matter of connecting the moving parts, so do some research and find a smart tool to wield all your info together, automatically.
When you and your staff track your work, you can make sure you’re charging your clients for the correct billable time. Professional service businesses like accounting practices lose an average of $100,000 annually in revenue due to untracked time. When everyone on your team tracks their work on a platform that automatically logs their billable hours, reporting will be that much easier at the end of the billing cycle.
Schedule tasks for client work right at the beginning of the service delivery cycle. When your to-dos are planned out properly, tasks can automatically feed into team schedules, making it easy to log hours, add notes, and get paid in a synchronized way. If you decide to go with a system that lets you directly convert your billable work into an invoice, more power to ya.
Jumping between tools that don’t talk to each other to get work done is painful and inefficient. Spend some time researching platforms that can help you run your business better by integrating with your current small business accounting software and online invoice payments.
Ready to simplify your billing process? Just click here to start your free trial of a smart automation platform today.
