Issuing invoices on time and getting them paid without delay is fundamental to the success of any business.
However invoicing and credit control can also be incredibly time-consuming tasks that really need to be kept on top of.
Outsourcing invoicing and credit control to a virtual PA is an excellent and easy way to claim back time and invest it into growing the business, while also ensuing bills are sent and settled on time.
The process of issuing invoices needs to flow like clockwork – as soon as a product is sent to a client or a service fulfiled, an invoice for payment should be issued. Better still, an invoice could be issued and payment requested prior to shipping or services being carried out.
Use a virtual PA for efficient invoicing and credit control
The longer it takes to send an invoice the longer it will take to get paid. So why not delegate the task so that it’s managed in a timely manner?
All the details also need to be correct – address, amount invoiced and terms of payment.
Outsourcing invoicing and credit control to a virtual PA will mean these tasks are prioritised – and less likely to be delayed by interruptions or demands on time as they could be if carried out by a multi-tasking employee.
When invoices become due, being aware of the payment date and checking that payment is made can again be time-consuming but necessary.
And that is just invoices that are paid on time. Unfortunately for many businesses chasing payment is a frustrating reality that only adds time to maintaining credit control. And not forgetting unnecessary stress for the business owner.
Don’t let credit control be a distraction
Knowing how to chase payment efficiently and effectively can make a huge difference in getting invoices paid. Setting in place procedures for pursuing debtors in a professional and discreet manner should result in invoices being paid with a minimum of fuss – and without harming further sales prospects.
Dedicated software systems are ideal to send out invoices, flag up payment dates and issue reminders – and can all be left in the hands of a trusted virtual PA.
When outsourcing invoicing and credit control, all that the virtual PA needs is access to the software solution used for this purpose – they can then take on the responsibility of issuing invoices and monitoring payment.
Alternatively a virtual PA could set up an invoicing and credit control solution that will work for your company if one is not already in place.
New Dawn has a wide experience of working on different financial systems and offers a professional and discreet service.
Outsourcing invoicing and credit control to a trustworthy virtual PA will make sure invoices are sent on time and payment days are carefully monitored, allowing you to focus on the product itself.
For more information on outsourcing invoicing and credit control to a virtual PA please contact New Dawn PA.
