Posted by Apxium
Topics: Debtor Management, Business Tips, Cloud Accounting Software, Automated Accounts Receivable

Apxium Automatic Accounts Receivable - Simple Business Tips for Increased Cash Flow

In today’s day and age, the ability to streamline your business operations is paramount to your success. Your day-to-day tasks, no matter how small, have a big impact on the overall running of the organisation, and if they are not efficient, you can find yourself in an unfortunate situation.

Long nights spent in the office, tedious tasks taking hours - or even days - longer than they should, and the struggle of cash flow due to late paying clients... but what can you do?

At Apxium, we want to help you to get more out of life. As such, here are some simple business tips that will help to give you more time and cash flow to enjoy.

Move Your Systems Online

If you’re taking valuable time out of your day to file away documents and hunt down other papers that you need, you are wasting time that could be better spent elsewhere. Paper systems are outdated and remarkably inefficient, especially if you don’t have a rigorous filing system.

By moving your systems online, not only will you save precious time when it comes to filing, but it also gives you a safeguard.

Online systems can be backed up and saved in multiple areas, and though paper systems can be backed up, they so rarely are.

When your systems are all online, you can work remotely, quickly and easily search for the documents you need and bring your business into the 21st century.

Invest in Cloud Software

Once you have taken the step to move your systems online, the next path to travel down is that of cloud software.

Cloud software has many incredible benefits, the largest of which is the ability for more than one of your staff members to be working on a document or file at the same time. Files can be saved automatically, and you can work on them anywhere, anytime.

Accounting cloud software is also very advantageous for your business. Accounting software has advanced in leaps and bounds, and is always at the forefront of innovation.

By using cloud software in this regard, you don’t have to worry about your business falling behind the pack when it comes to processes, as your cloud software will update automatically.

With cloud software, you can streamline your processes, giving you more time by reducing debtor days and other outdated, time-hungry activities.

Use Payment Gateway Software for Online Payments

With modern consumers becoming more and more digitally oriented, businesses should look towards online payment capabilities. Using innovative payment gateway software makes life easier for your business as well as your customers, as they can pay you from the comfort of their own home or from their smart device. No longer are they forced to visit you during business hours, instead they are able to utilise a far more convenient option.

Using online payment gateway software also helps you to optimise your business operations, with quick and easy online invoicing options and automatic transferal of funds into your selected bank account.

It also removes manual credit card processing, leaving you free to focus on more important matters.

Would you like to learn more about innovative payment gateway options? If so, you can find more information here.

Automate your Accounts Receivable

One of the best ways to give yourself more time and cash flow in your business is to automate your accounts receivables.

How long do you spend chasing up late-paying customers? Reconciling with your bank or doing administrative tasks? So many people find their time and efforts are spent on these tasks, even though their time could be better spent elsewhere.

With automated accounts receivable, you can reduce costs and save your valuable time.

Automatic accounts receivable streamlines your communications with your clients, giving you the ability to send and manage invoices online, so you can substantially decrease debtor days.

At Apxium, our revolutionary automated accounts receivable software is like no other. Designed to make your working life easier, Apxium can give you more time and cash flow to enjoy with your friends and family.

Would you like to learn more about our automatic accounts receivable software? If so, you can find more information here, or discover more about how you can decrease debtor days here.

Discover The Benefits Of Using Apxium
Discover Apxium's Key Features
Apxium is a truly online system, offering an end-to-end solution to invoicing, accepting payment and reconciling accounts receivable. Apxium’s innovative online payment gateway and automated A/R software addresses every stage of your accounts receivable process. Apxium is a development partner of Xero and MYOB and has been designed to seamlessly integrate with these leading cloud-based accounting packages. We bring the cloud to Server Based Software.