The process of verifying invoices is a tedious one. It involves sending an email to the client, verifying that the invoice is genuine and valid. The company has to wait for several days before receiving a response, and if they don’t receive any response, they have to send another email asking why no action was taken on their part. This process can be made much easier if you use oAppsNET.
What Is oAppsNET?
oAppsNET provides a cloud-based solution that helps companies verify invoices quickly and easily by letting them upload their documents from their file system onto the cloud server. This makes it possible for companies to get access to invoices without having to deal with paperwork or worrying about losing them.
What Are the Benefits of oAppsNET
Helps businesses to streamline their accounting process
oAppsNET helps businesses streamline their accounting processes by connecting with different vendors in real-time via its mobile app or video conferencing software like Skype. This makes it easier for your company to receive payments from clients, which can be instantly transferred into your bank account via web banking or mobile banking apps like M-Pesa or PayFast.
It helps businesses to reduce errors
Invoices are important documents that need to be kept accurate at all times. If you are using an outdated version of the Invoice Verification Software, then it can cause issues with your business. By using oAppsNET, you will ensure that your invoices are always verified correctly and updated on time.
Allows businesses to connect with their customers and suppliers in real-time
oAppsNET is a cloud-based platform that allows businesses to connect with their customers and suppliers in real-time. By connecting directly through oAppsNET, customers can view invoices and payment details in real-time. In addition, they can also review the status of their orders and track the status of their payments.
Enhanced customer service
Verification and approval of invoices are important steps in paying suppliers. It allows you to confirm that the invoice was sent correctly and that all the details are correct (including tax rates). This process also helps ensure that you can pay your suppliers on time, which reduces their risk and increases your profitability. oAppsNET can help you with this by automatically checking invoices against the information stored in your accounting system to ensure they are accurate.
Improved cash flow management
oAppsNET not only allows you to check invoices against your accounting system, but it also enables you to send reminders about payment deadlines so that you can keep track of when payments should be received from your suppliers. This helps reduce cash flow problems and delays in receivables, which can negatively impact your business’s finances and reputation with customers.
Automated email reminders for payment and tax payments
One of the critical benefits of oAppsNET is that it sends automated reminders to customers who have not yet paid their bills. These reminders will be sent via email so that they can be easily read and responded to quickly as needed. These reminders will remind them repeatedly until they finally pay up or close their account if they do not respond within a specified amount of time, usually 24 hours.
Automatic deduction of taxes from invoices
With oAppsNET, you can automatically deduct applicable taxes from your invoices and record those taxes on your books and records. This makes it easier for you to pay sales tax and other applicable fees on time rather than having to calculate them each month manually.
Easy to use and customize
The user interface of oAppsNET is intuitive and easy to use, so you will find it very easy to understand, even if you are new to working with invoices. You can also customize and add your logo or other graphics for your company’s branding on the invoice template and add text fields.
Multiple users
You can easily set up multiple users on the system so that each of them will have their own set of invoices with their details. This makes it possible for several people in your company to work on the same projects using different teams and departments without any problem.
Ease of reporting
The reporting feature available in oAppsNET makes it easier for managers and supervisors to see how much money they have spent on various projects over time, what tasks were completed by whom, how much time it took, etc., which helps them manage their finances better than ever before.
An easy way of submitting multiple invoices
oAppsNET allows you to submit multiple invoices in one go, which is convenient. The process is simple. All you need to do is enter the details of the invoice, and then it will be automatically saved in your account. You can add additional information, such as a quote or reference number. This makes it easier for customers to find their invoice if they need to make payment by credit card or check.
Automatic matching
With the help of secure API integration, oAppsNET automatically matches all invoices submitted from different vendors against each other to ensure that all payments are made on time and without errors. Users can also select their preferred vendor for making payments through the web platform or mobile app, thereby saving time and effort in making payments manually.
Key Takeaway
Verifying invoices is tedious, time-consuming, and sometimes difficult to do manually. The lack of automation makes the process inefficient and prone to human error. The solution to this problem is oAppsNET, a cloud-based platform that automates the verification process for businesses in a way that doesn’t compromise on quality. With oAppsNET, you can securely store your invoices in the cloud and easily access them from anywhere at any time. You don’t have to worry about losing crucial data or having it stolen by hackers because it is stored in the safest place possible. In addition, you can make sure that every invoice is verified before it gets approved by your customers. This ensures that all customers get their payments on time without any hassle.