How Free Invoicing Software Can Make Things Easier For a Freelancer?
Being a freelancer is all about taking charge of your life. You can choose the projects that you like and pick your own hour of the day to work. Once you enter this sphere of work, you essentially have to function as a small business. And one of the important aspects that needs attention is finance. You have to manage your finance properly to become successful. This is where a free invoice software can come in handy. These tools have hugely empowered freelancers to manage their finances smoothly on their own. When you have this software, you no longer need to hire a bookkeeper or an accountant.
Using a freely available invoice software, you can create invoice online in a jiffy. These tools will help you manage your day to day finances easily. Read on to know how this software makes things easier for a freelancer –
1. Make Customized Invoices
2. Manage your Tasks
3. Track your Time and Expenses
4. Accept Payments from Everywhere
5. Get Paid on Time
Make Customized Invoices
As a freelancer, you have to countless invoices every month or maybe every week. You might be using excel sheets. It is the most common solution for freelancers. However, there is a better way to make your invoices. Use an online invoice software, which is absolutely free, to make invoices that look professional unlike those boring excel sheets. Pick up any free invoice software that suits your industry, get a freelance invoice template and start sending out professional-looking invoices. You can add your branding, your details right on the invoice. This makes your invoices easily identifiable and quite professional.
Also Read: 6 Essential Online Tool for Freelancer’s Must Try to Work Smarter
Manage your Tasks
One of the greatest things about using an invoice software, especially the one that is cloud-based is that you get access to your tasks from all devices. Most invoicing software will have cross platform applications that will allow you to stay on top of your work. An invoicing software will compile all your invoices, paid, unpaid, yet to be sent out, overdue, etc. You will always know where you stand in terms of completion of a project. This will create a world of difference, especially if you are one of those freelancers who are taking a project after another.
Track your Time and Expenses
Invoicing software offer you a little extension tool for time-tracking and expense-tracking. This can be really helpful for tracking projects that you are getting paid for by the hour. Time tracking tools will link directly to your invoice software (if not already included), and you can send all that data straight away imprinted on your invoice. Expense tracking is another great tool that makes sure you get paid for everything you do. Again, it will be offered by most invoicing software or will be super easy to link directly to your invoice tool.
Accept Payments from Everywhere
When you are filing invoices as a freelancer, you will have a lot of back and forth to keep up with, particularly the contractual details, if you are working for someone outside your country. You will have to comply payments to the local laws, as well as policies that your client will have to follow.
An invoicing software understands this better than any other template you can come across. Invoicing software will take in and update policies and legal information and make sure each and every one of your invoices complies to your client’s policies. Furthermore, you can directly plug in your mode of payment in the invoice itself to accept global payments. Most invoice software will also offer you a payment channel with an additional cost.
Also Read: Every Sole Trader Should Use These Free Invoice Software
Get Paid on Time
The reason why freelancers generally fall in love with invoicing software is because this tool can send timely payment reminders. Both to you and your clients. You can set up reminders according to your needs. Both for overdue and upcoming payments. This way, you no longer have to miss out on payments.
