Why you need to automate your proposals
We know of so many business owners that fly by the seat of their pants when it comes to getting acceptance from customers on the service they provide. Obvious legal compliance problems aside, the accounting backlash this can cause can be worse on an ongoing basis. If you’re constantly generating manual invoices and chasing payment, the dent in your cash flow can be enough to kill your business.
While we don’t provide compliance advice, we do do take systems seriously. There are several options out there to automate your proposal process through to acceptance via digital signature (or IP address) and scheduled payment. The more you automate this aspect of your business, the more time you’ll have to focus on what you love.
Practice Ignition, originally built for accounting firms wanting to take the pain out of engagement letter sign-off and recurring billing, has fantastic practical use for any service based business. If you want to be able to get customers to sign off on your proposals and pay up front, or upon completion, for your service, Practice Ignition will work well for you. It also works great for recurring billing on a monthly basis, so you can split up annual contracts into monthly payments.
With a complete dashboard at your fingertips, you can view sent and accepted proposals and keep track of your cash flow in one view. In addition, once a customer accepts your proposal, an invoice is created in Xero and the money is deposited into your account the next business day. Amazing! Practice Ignition can even integrate with your website, meaning you can accept quote requests from customers in your sleep.