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By Ivonne Louis. Invoice. Published at Thursday, March 21st, 2019 23:56:27 PM.

Invoices can sometimes be an Accounts Payable (AP) clerk’s worst nightmare, especially if it takes hours and hours to manually process a single paper based invoice. Numerous things could go wrong with processing invoices manually; which can become very costly for business. Below we have listed five of the top...


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By Nadeen Gauthier. Invoice. Published at Friday, March 22nd, 2019 08:03:38 AM.

Assign numbers to your invoices systematically, consistently and chronologically. Some people number their invoices by year (for example, 2009043 would be the 43rd invoice of 2009). You could also specify a code for the project. For example, ABC06 would be the 6th invoice for the ABC project that you’re currently...


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By Ivonne Louis. Invoice. Published at Saturday, March 23rd, 2019 06:59:11 AM.

Invoices that arrive in AP without a PO number can be very problematic, which can take the team a lot of man-hours to manually process them. AP may receive non-PO invoices when a supplier has provided products or services to the buyer without receiving a purchase order. Many different challenges...


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By Ivonne Louis. Invoice. Published at Friday, March 22nd, 2019 21:55:21 PM.

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...


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By Ivonne Louis. Invoice. Published at Friday, March 22nd, 2019 08:55:00 AM.

Apart from your customers meeting qualifications, your invoices must also pass certain criteria. There can’t be any existing primary liens on your invoices, meaning no other company should have a claim on the payments once they arrive. This ensures that the company purchasing your invoices has a clear right to...


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By Ivonne Louis. Invoice. Published at Friday, March 22nd, 2019 08:03:38 AM.

Invoices can sometimes be an Accounts Payable (AP) clerk’s worst nightmare, especially if it takes hours and hours to manually process a single paper based invoice. Numerous things could go wrong with processing invoices manually; which can become very costly for business. Below we have listed five of the top...


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By Ivonne Louis. Invoice. Published at Thursday, March 21st, 2019 22:53:16 PM.

If you are a new businesses and need to issue official business documents like invoices, receipts, purchase orders and the like. It is not easy to come up with an appropriate format or template in a few minutes. Fortunately, the internet has been providing information such as finding a good...


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By Ivonne Louis. Invoice. Published at Friday, March 22nd, 2019 02:42:46 AM.

An electronic invoice (also called an e-invoice or e Bill) is the result of a billing method that doesn’t require a paper copy as a backup in order to demonstrate its authenticity. For this reason, an electronic invoice functions as a software-generated file, which compiles the information related to a...


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By Ivonne Louis. Invoice. Published at Thursday, March 21st, 2019 23:56:27 PM.

Approval for invoice factoring doesn’t hinge on your company’s credit history. Instead, it depends on the creditworthiness of your customers. Companies that purchase invoices will evaluate your customers based on their stability and payment track record. The invoice factoring company’s main concern is determining how likely your customers will pay...


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By Ivonne Louis. Invoice. Published at Thursday, March 21st, 2019 20:55:44 PM.

Proforma invoices basically contain much of the same information as the formal quotation, and in many cases can be used in place of one. It should give the buyer as much information about the order as possible so arrangements can be made efficiently. The invoices inform the buyer and the...


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