The problem
The clients are invoiced at irregular times; invoices which are, more often than not, not followed up. The average days outstanding for unpaid invoices is almost the entire month - cash that can be put to good use otherwise.
Our solution
- Consolidating all applications into a single digital platform
- Invoicing directly when the job is done, or goods are delivered
- Automated payment gateways for Credit Card and Direct Debit configured
- Expenses logged by taking photo of receipt in the phone - directly linked to bookkeeping system
- Single point of view on all client engagements - sales, after-sales, delivery, and accounting
- Business change is built into the plan, the applications evolve with the business
Your benefits
- Saving costs on application subscriptions, integration, and maintenance
- Save hours of administration to do the invoicing
- Days sales outstanding (DSO) reduced to close to payment terms (i.e. 5 days) - more cash on hand
- No stress at BAS time - all GST on sales, purchases, and sundry expenses are recorded; no weekends lost on building a spreadsheet to accompany all the receipts
- Single point of view on all client engagements - sales, after-sales, delivery, and accounting
- With the digital business plan, maintenance and enhancements are included, changes can be made to the software as part of the plan at any time
The verdict
As this is a single employee business, the recommended plan is Solopreneur. The software included covers the entire business operations. The list on the right provides the subset of software that is implemented for this particular business to come to the results described above. However, with the comprehensive digital business foundation, there is still significant room to grow as an organisation, were more applications can be introduced to improve the business flow as required.
Digital Solopreneur
The digital business foundation plan, with the following integrated applications for the solopreneur (with access for the accountant to the finance applications):
- CRM
- Expense management and Accounting
- Website
- Email campaign marketing