Published at Friday, March 22nd, 2019 - 08:08:39 AM. Invoice. By Nadeen Gauthier.
So here are some general guidelines, best practices and examples that will help you make sure your invoices are up to specification. Their Details and Yours – must be complete This is basic stuff, but you can’t afford to forget it. In addition to the client’s address, make sure to include the name of the client’s contact person who handles your account! A company with three employees can figure out what you’re doing; but in big companies, invoices get misplaced, especially if there’s confusion over who belongs to which project.
Another significant benefit of invoice factoring is the professional debt collection service provided by the factoring company. The factoring company is equipped to handle debt collections professionally and efficiently, leaving your staff to focus on core activities such as creating more sales. In addition, this will reduce your costs associated with processing invoices and handling collections costs.
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