Orders List: In the flow of managing leads, the Order list is the 1st step post-post-sales confirmation. Once the lead gets matured, the order automatically gets generated which can be canceled at any moment in case the buyer drops his purchase requirement. You can view orders in multiple ways by applying filters and downloading them for your internal analysis.
Sales Order Automation: To ensure accurate fulfillment of the order, the Sales Order Sheet plays a vital role. Groweon CRM generates standard sales orders automatically which contain Byers Details, Shipment details, sales commitment, payment details, details of deliverables, etc. which are being used by all departments including purchase, logistics & accounts.
Performa Invoice Management: A Proforma Invoice is again a very special & important document or we can say, it is a pre-sales invoice that is being used by the sales team to get payment or confirmation of the order post getting a purchase order from the buyer. Groweon CRM has features to view all PIs or Performa Invoices at one place to take further actions.
Automated Invoicing: Groweon CRM automates the generation of invoices based on predefined templates and transaction data. This reduces manual errors and speeds up the invoicing process. Automation in the invoicing system segregates CGST (Central Goods and Services Tax), SGST (State Goods and Services Tax) & IGST (Integrated Goods and Services Tax) by locating buyers locations. Invoicing for international buyers is also managed automatically.
Outstanding Payment Follow-up: Follow your outstanding payments which are scheduled on specific dates. Send reminders to the clients on email & WhatsApp to ensure the success of fund recovery.
Integration with Sales Data: It integrates seamlessly with sales data, capturing transaction details and customer information to generate accurate invoices.
Invoice Tracking: Businesses can track the status of invoices within Groweon CRM, from creation to payment receipt, enabling better cash flow management.
GST Report: Auto-generated monthly GST collection report can be downloaded in Excel/CSV files to avoid any manual error. This helps in reconciliation and GST return filing by your CA/ Accountant.
Filters & Data Report: You can download your filtered data to manage your accounts and update accounting software.
Payment Integration: It supports integration with payment gateways, allowing customers to make payments directly through the invoice, enhancing convenience and reducing payment delays.
Automated Reminders: Groweon CRM can send automated reminders for overdue invoices, helping businesses manage collections more effectively and improve cash flow.
Reporting and Analytics: It provides insights into invoicing trends, outstanding payments, and revenue forecasts through comprehensive reporting and analytics tools.
Setup and Configuration: Begin by configuring Groweon CRM to align with your business's invoicing requirements. This includes setting up invoice templates, integrating with payment gateways, and defining workflow rules.
Data Integration: Integrate Groweon CRM with existing sales and customer data systems to ensure a seamless flow of information for invoicing purposes.
Automation Rules:Configure automation rules within Groweon CRM to automate the generation, distribution, and tracking of invoices based on predefined triggers and conditions.
Customization:Customize invoice templates to reflect your brand's identity and include essential information such as terms of payment, discounts, and contact details.
Testing and Validation:Test the invoicing process within Groweon CRM to ensure accuracy and functionality before full implementation.
Training and Adoption:Provide training to employees on how to use Groweon CRM for invoicing management effectively. Encourage adoption across departments to maximize the benefits of integrated invoicing.
Monitoring and Optimization: Continuously monitor invoicing performance metrics and gather feedback from users to identify areas for optimization and improvement.
What is invoice management in CRM software?
In CRM software invoice management relates to all kinds of financial operations of business. Invoice management is responsible for handling billing, distribution, reporting of invoices, and creation of invoices. Overall invoice management ensures the efficiency, accuracy, and effectiveness of financial operations.
How does automated invoice generation work?
Here is a simple overview of how this automated invoice generation feature works. So automated invoice generation works on already stored data of particular customers onto CRM software and also uses already defined templates to automatically generate invoice. This feature helps to reduce manual error, maintain the accuracy of financial operations, and save a lot of time that you can do complex tasks.
Can I customize invoice templates in Groweon CRM?
Of course, having Groweon CRM software allows their users they customize any templates according to their business design and choose templates that match their requirements, it also can incorporate your company logo, contact information of both buyer and supplier, mode of payments, all terms of payment, and other required details to create an invoice.
How can I track the status of my invoices?
Simple, CRM software provides real-time updates and tracking of created invoices. In this you can see when an invoice was created, what is the update regarding an invoice, whether the is invoice viewed by a customer or not, and what is the outstanding amount. It also provides automatic alerts and notifications to send reminders to customers regards payments, etc, and also helps in managing follow-ups regards invoices.
What payment options are available for customers?
Groweon provides numerous payments it has multiple payments gateway integration, and users can make payments using bank transfers, and credit/debit cards and it also provides a digital wallet to make payments. This increases the smooth payment process without any hassle.
Can Groweon CRM handle recurring invoices?
Yes, it provides recurring invoices means you can set a time and date so that the system can send invoices by itself without human errors. This service is provided for subscription-based clients or regular customers.
Is multi-currency invoicing supported?
This Groweon CRM software supports different types of currency for invoicing and helps users who can handle international transactions. This will allow users that convert the currency of different countries into customer-preferred currency. Provide smooth financial operations.
How secure is my invoicing data in Groweon CRM?
Yes, Growoen CRM software provides TOP-NOTCH security for everything, If we talk about the security of Invoicing data yes groweon protects your invoicing data, for invoicing data and other things it provides encryption of data, compliances with financial operations and secures online payments, it will ensure that your data is safe and secure.
Can I generate reports on my invoicing activities?
Yes, of course, you can generate reports regards invoice status, and payment type, payment history, remaining amounts, and helps to analyze your billing performance.
How does invoice management improve my business’s cash flow?
So basically invoice management helps to improve your business cash flow by reducing human error, support for multiple currencies, on-time payments, automatic notifications and alerts for sending reminders regards outstanding amounts, and other things overall it improves the right financial operations.
How do I set up invoice management in Groweon CRM?
It is very simple to set invoice management in our Groweon CRM software, so first you will capture all the information on billing, and choose the right template for creating an invoice. After this you automate the process of invoice creation, distribution for available support persons for customization if you need, and tracking of invoices.
What if I have issues or need support with invoice management?
If you face any issue regarding invoices so for our valuable customer we provide good customer support they try everything to resolve your issues. We provide you with multiple ways to connect with our support team such as phone calls, email for resolve issues.