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Business professional analyzingdata charts and graphs on a wall to make strategic decisions and insights, back view in office setting. They were 6 weeks behind in invoicing. Coding was inconsistent, since those doing the data entry had no accounting experience. Prioritize invoicing on current company activities.
It’s a result, explained Gillette, of the legacy ERP no longer being suited to address the full range of businesses’ diverse financial and process management needs. He pointed to financialreporting as one example of this shift.
There are employee time tracking sheets, payroll management, customer accounts, and even the ability to generate basic financialreports. Although it’s meant for small businesses and doesn’t provide as many integrations as QuickBooks, Wave takes care of all of your accounting services and provides invoicing and payroll as well.
Improving your billing and collections : A CFO can help you review your billing and collections process and suggest ways to improve it, such as by implementing systems to track invoices and follow up on overdue payments.
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