![]() ![]() Toward achieving this, CONSULT can be used for scheduled auto-invoice dispatch, payment request reminders, and acknowledging payment receipts. While it is important to have a perfectly generated invoice, your organization’s accounting department’s AR team must also be empowered to achieve good payment realizations in minimum time. Three – Schedule automatic invoicing, dispatch and payment reminders. With this feature, you can create different discount models even before you send a quote to the customer.ģ. Since the whole process is AI-driven, you will benefit from higher productivity and optimum profits. You can determine the percentage to allow for prompt payment, exceeding the business volume, or allowing a few perks for the consultants. You can determine and automate the points on which to allow discounts. Two – Streamline the discounting process so that it is uniform and offers unbiased benefits to customers. It is amenable to multiple invoice numbering and the use of different invoice templates.Ģ. ![]() Receiving in paper format and entering the content manually not only delays the process but also exposes the data to corruption because of human errors.Īutomated CONSULT timesheets make it possible for downstream invoicing processes and can be done within the application. One- Automate the timesheet submission process so that it can be received in digital format and authentication can be completed in the application itself (QuickBooks does not allow the same level of sophistication as CONSULT). Here are three QuickBooks’ features that need to be honed by integrating with CONSULT for any IT staffing firm to achieve success in the accounting department operations.ġ. This may sound simple to accountants who haven’t had much experience dealing with extremely complex invoices, but the fact is as they delve deeper into invoicing they will understand the problems of invoicing with just QuickBooks as a tool. Primarily, the trouble spots in invoicing are timesheets and its authentication tax categorization, and discount calculation based on pre-agreed terms. Productivity is bound to be slow and errors will be on the higher side. Doing this using only QuickBooks is a tall order and your accountant will be left exhausted doing just a few complex invoices. Invoicing is the key to achieving success in the IT staffing industry and has to be done to customer’s satisfaction. ![]()
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