Billing and receivable management

Effective communication can help foster a good working relationship with your clients. In reality, many customers require a little extra nudge. Invoices sent with plenty of reminders are ideal for prompt payment from customers.

Tez Books^TM helps Service Providers save a lot of time in billing and collections.

1. Invoicing: Quickly create invoices using intuitive interface. You can save you a lot of time and effort in creating good looking and error free invoices. Our larger product, Tez ERP, also allows you to monitor jobs, tasks and time-sheets, and it allows you to create invoices for completed jobs with a single click.
2. Recurring Invoices: If you need to create the same invoice repeatedly (Ex. Retainership or consultancy services, who do monthly or quarterly billing), you can configure the system to automatically create these invoices.
3. Online Payments: Integrate payment gateway and allow your customers to make payments using credit/debit card, NEFT/IMPS or UPI. Receipts are automatically created for successful payments.
4. Receipts: Save time and effort in creating good looking and error free receipts with your logo. to your customers
5. Communication: Automatically send invoices and receipts to Customers and Agents through SMS Links, Emails and WhatsApp, as soon as they are created or later as and when you wish.
6. Payment-due Alerts: Send automated payment-due alerts to customers, agent and accountant through SMS Links, Emails and WhatsApp. You can configure multiple alerts (Ex. Send first alert 5 days before the due date, 2nd alert 2 days before the due date, 3rd alert on due-date and if the payment is still not made, keep sending weekly alerts till the payment is made). You can include a payment link with the alerts, allowing customers to make online payments directly through these alerts.
7. Customer Portal: Allow customers to login from your website. They can view and download their orders, invoices, receipts and ledger account for the portal. You can also allow them to make online payments from the portal.
8. Credit Limits: Set max credit limit for each customers. The system will not allow any user to create invoices beyond this credit limit. You can also configure the system to stop billing if certain number of invoices are unpaid.
9. Reporting: Effortlessly generate sales report and outstanding report. You can also configure these reports as per your requirement by adding, removing, renaming or moving the order of the columns in these reports.
10. Aging Analysis: Generate ABC analysis (Ex. Bills due for less than 30 days, for 30-60 days, 60 to 90 days and more than 90 days) for any desired period based on bill date or the due date.
11. Integration with Accounts: Tez Books receivable management is fully integrated with its Accounting System and helps you track complete financial statements and taxations, along with bills and receipts.

Effective receivable management helps a company maintain positive cash flow, minimize bad debt, and improve its financial stability. It also helps to build and maintain good relationships with customers by ensuring that payment terms are clearly communicated and that payment expectations are met.