5 Myths About Online Invoicing

If someone asks you to shift your entire invoicing process online, will you go for it? Even if you agree that would be a half-hearted response; someone from inside would tell you not to rely on online invoicing.
There is nothing to feel bad about it � you are not alone. Most people are not yet ready to go paperless and manage the entire invoicing process online. Even though the concepts of paperless office and online invoicing are almost a decade old people have not started relying on these methods eyes closed.
Here is a list of five common myths about online invoicing and billing; when you ask people why they are not moving to online invoicing they usually come up with these reasons. However, if you do a little bit of research you would understand that all of these apparently serious problems can be solved easily.
Myth 1: Online invoicing is more expensive than conventional billing process
Conventional billing process involves a lot of small expenses such as the cost of paper, cost of printing, cost of mailing and so on. The cumulative cost of all is usually greater than any of the popular online invoicing solutions. The cost of a professional invoicing solution might seem a bit higher but it is a one time investment and it will actually save you huge money in the long run.
Myth 2: My customers prefer printed invoice
Simply because one or few of your customers do not have access to computer and internet you cannot deprive others from the benefits of online invoicing. And if all the businesses start using online billing solutions people would get used to it and would realize the benefits of the process such as round the clock access to their accounts with various merchants.
Myth 3: By shifting to online billing I won’t be able to earn more
Apparently there is no direct earning but in the longer run you can save a lot of money as online invoicing software would help you cut on many recurring expenses. Moreover if you follow the traditional method you have to build a client support team to cater to your clients round day and night. But with online invoicing clients can check their details anytime and from anywhere without anybody’s help. Hence, it will relieve you from recruiting customer support executives to handle accounts and invoicing related queries.
Myth 4: Shifting to online invoicing is time consuming
Any change in your current business operations would demand some time; if you move from conventional invoicing to online billing you have to afford some additional working hours. However, if you consider the benefits you would enjoy in the long run and the time you would save in future, you can realize that investing some time now would not be a bad idea. Even when you develop an application you have to spend some time on it; then there is absolutely no reason to refuse online billing for the same reason!
Myth 5: It is not 100% safe to maintain bills and generate invoices online
Security breach is something you should be worried about; but there are many online invoicing solutions that have been tested extensively for bugs and then have been marked as safe and secure platforms. You have to use the right invoicing solution that would keep your system away from any kind of tampering. There are many free invoicing solutions available; but only a premiere and high end solution would give you ultimate protection from external attacks.