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Zoho gives SMEs free access to Zoho Invoice

Getting paid on time is one of those things that isn’t a big deal until it doesn’t happen.

Unfortunately, late payments or non-payments are a big issue locally. In 2019, Xero’s State of Late Payments report revealed that South African businesses with between 10 and 49 employees were owed R93 025 at any given time while businesses with 50 – 100 employees were owned R113 902 at any given time.

To assist SMEs with chasing down payments, especially during these unprecedented times, Zoho is making its invoicing software, Zoho Invoice available free-of-charge.

“Due to the pandemic, SMEs have decided to modernize their invoicing processes at an accelerated rate. To continue its support of the SME community, Zoho Invoice offers advanced capabilities such as time tracking, auto recording of expenses, project billing, and 30+ real time reports to help freelancers and small businesses easily navigate the billing and payment collection process, without the concerns of cost,” says Zoho.

Zoho Invoice features include:

  • Simplified billing: Businesses can create and send fully customised, professional invoices within minutes. Invoices can be sent automatically if they are recurring in nature.
  • Tax Handling: Businesses can track the tax levied on every transaction with tax summary reports to assist with tax filing.
  • Streamlined payment collection: Payments can be collected quickly and securely online through Debit/Credit Cards and PayPal.
  • Automated payment reminders: Based on customisable settings, the system will automatically send payment reminders to customers through email.
  • Effortless expense tracking: Expenses can be recorded automatically by scanning the bill or receipt using the Zoho Invoice mobile app.
  • Client portal: Businesses can allow their customers to keep track of all relevant invoices, projects and make payments through the client portal.
  • Time tracking: Businesses can manage multiple projects, track time and accurately bill their customers.
  • Instant reports: Businesses have access to 30+, real-time reports that provide insights into key financial metrics such as best-selling products, invoice statuses, pending payments, and more.

 

“Our roots are centered around helping the SME community which has supported Zoho from the beginning, and we understand the challenges that SME’s have had to undergo that were onset from the global pandemic. We hope offering Zoho Invoice for free continues to help businesses rebuild and grow amongst challenging times that they face today and for the future,” said regional manager for Zoho in Africa, Andrew Bourne.

You can head here to register and download Zoho Invoice and there are also apps for Apple iOS and Android for your convenience.

[Image – CC 0 Pixabay]

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