Construction Company Bookkeeping For Contractors All Across The USA Including Alaska And Hawaii

Yes Paper Invoices Are Bad For Your Construction Company Cash Flow

Written by Anastasia Harold | Fri, Aug 05, 2016

By Anastasia Harold - Coolfront Affiliate Manager - Western Region


You might be afraid to “go mobile” and ditch your paper work orders. I’m here to tell you there’s nothing to fear. In fact, it’s the paper invoices you should be afraid of.

Here's the top ways that paper invoices are hurting your business:

They Get Lost

Paperwork gets lost. PWC estimates finding one piece of paperwork can cost a company about $122. That could be your profit from an entire service call! PWC also estimates 7.5% of paperwork is lost forever. That could be 7.5% of your revenue from unbilled invoices. Customers agree too - they would rather have it in their email inbox. That’s one less receipt to keep track of. 

 

Storing your invoices digitally, or in the cloud, is the best way to eliminate lost paperwork and keep more information stored forever.  

It’s also estimated that 20% of an employee’s time is spent looking for paperwork. As a bonus, digital copies are searchable by customer’s name or date, and can be accessed almost anywhere when needed.

They're Messy

Handwritten paper invoices never look pretty. Chances are, your handwriting doesn’t hold a candle to “Times New Roman” or “Arial.” It’s hard to project a professional appearance with misspellings and worse, illegible writing.

Electronic invoices get the benefits of spell check, and a clean appearance.

And Even More...

They have to be ordered, so you’re likely to run out when it get’s busy. They’re expensive, especially if you make mistakes or have to mail them out. And to top it off, they’re bad for the environment.

Not convinced? Try mobile invoicing for yourself!

Coolfront provides a zero-cost solution to help you eliminate paperwork, stay organized and make more money. Get 50 free invoices with no obligation courtesy of Fast Easy Accounting by going to www.coolfront.com/fasteasyaccounting

About The Author: 

Anastasia Harold is the Affiliate Manager for Coolfront in the Western Region.
She's your go-to gal for service business smarts, financial philosophy and sales strategy. But if you have questions on cooking or gardening, she can probably help with that too. Reach her @CoolfrontStasia on Twitter or Anastasia Harold on Linkedin

 

We Remove Contractor's Unique Paperwork Frustrations

 

 

For Construction Company Owners who do not need the full power of a QuickBooks for contractors and want 24/7 online access we offer Xero Accounting Online and we have custom setup for construction companies. Click Here For More.

This Is One More Example of how Fast Easy Accounting is helping construction company owners all across the USA including Alaska and Hawaii put more money in the bank to operate and grow your construction company. Construction accounting is not rocket science; it is a lot harder than that and a lot more valuable to people like you so stop missing out! Call Sharie 206-361-3950 or sharie@fasteasyaccounting.com and schedule your no charge one-hour consultation. 

Profitable Contractors and Construction Company owners have known about the value of outsourced bookkeeping services and contractor coaching services like ours for a long time and now you know about it too!

Thank You For Reading This Far And I Hope You Understand we really do care about you and all contractors regardless of whether or not you ever hire our services.

We Scan Your Receipts And Invoices link the appropriate transactions to QuickBooks or Xero Accounting Online depending on the construction accounting service you are using and provide ongoing Cloud Based Contractors Bookkeeping Services by accountants who understand construction.

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