What is E-Invoicing?

E-Invoicing is to invoicing pretty much what e-mail is compared to postal mail. Simply spoken, it cannot only tremendously speed up your invoicing process but can also help you to save some money.

e-invoicingThe name electronic invoicing might already hint about this, it means that your invoices are being converted into an electronic format.

This happens easily and quickly if you use a third party electronic invoice service.

What you do is that you send your PDF invoices to such a service. You don’t need to worry about anything else, the service will convert your invoice into an electronic format. Likewise, the service will dispatch the electronic invoice where you need it to go to.

For the business owner, one major advantage of electronic invoicing is that it is compatible with any existing invoicing process. The difference is that you will send your invoice by email, rather than mailing it out the old-fashioned way. It means also that you will not have too get any expensive equipment would need any special skills if you want to use e-invoice.

How does E-invoice help you save costs?

Many businesses spend considerable time on processing and managing their invoices. Depending on a company’s size, they may even operate a mailroom only for this purpose. Staff might be working long hours only to transfer data from their paperwork into their accounting systems. Last but not least there are additional expenses for postage.

As you can see, electronic invoicing can save you a lot of time and money.

Shipping Software To Increase Business Efficiency

Many business owners are often not aware that using the right type of software can make a huge difference when it comes to productivity and cost savings.

Certain industries can have rather steep requirements in terms of management and organization.

It is those businesses where specialized software can have a tremendous, positive impact on operations. The import and export business is amongst those industries.

Shipping software and export software can help all those businesses that sell, ship or stock physical goods. In the UK, this is a large percentage of businesses.

The requirements for effective organization and management but also for keeping track and reporting here are especially high. At many stages of operations, from the initial order process to the successful delivery, mistakes can be made but shipping software can help to avoid them.

Modern export software can provide the business with real-time data in regards to the cheapest shipping options and routes. This feature is especially helpful when goods are traded internationally since shipping fee structure are often dynamic and can change on a whim. Export software can always find the most efficient routes and thus helps to save costs.

The shipping industry is one of those trades where timing is everything. A late shipment can prove disastrous when goods are spoiled in transport or when a client would jump off due to a carrier not being reliable.

Shipping software can address those issues. It can find and correct issues with shipments before they have a chance to cause substantial problems.

It is those above points along with many more advantages that makes shipping software and software for managing export documentation an investment that any modern business in the trade should consider.

Business Travel Tips

Business travel, more often than not is not exactly something most of us are looking forward to. If I think about travel I think about jet lag, uncomfortable hotels, language barriers and other unpleasant things.

But in a world that is increasingly global there is simply no way around that we need to travel, whether we like it or not.

Here at http://www.businessinsider.com/successful-people-share-best-travel-tips-2014-8 you can find a number of helpful travel tips from some of the most successful business people of today. I recommend that you read those tips since they can prove extremely helpful.

Just don’t make the mistake as some people do, they try to avoid travel at all costs. In many cases this can be a big mistake since travel is often what can open up new opportunities, partnerships and relationships.

 

 

Business Strategies And Horse Races

Many of my business partners are into golf but what is the more surprising is that a good percentage of them are also taking a liking to horse racing.

Horse Racing Tips

Horse Racing Tips

I always assumed that from a certain point of view, business and horse racing don’t really go together well.

But last week I had a long talk with Andrew and he convinced me that this is far from the truth. In fact, he showed me what business strategies and successful betting at the horses have in common.

Andrew explained to me that there is not that much a difference between putting a chunk of money into a business and hoping for a return and betting at the races. Both things imply a certain amount of risk and both things can be mastered.

“Horse racing is not entirely a gamble like a lottery”, he told me. “With a lottery you cannot predict the numbers. If you play a lottery you need to rely on your luck only and can’t influence the outcome”.

He said that there are certain strategies that you can apply to win at the horses more often: “I would be a fool if I were just to bet without a system. When I invest in a business I also do my research before I put some money in it. And talking about horse racing, you can do research there too to increase your odds. It’s as simple as that.”

He told me that he got a subscription for horse racing betting and that he only uses those horse racing tips when he goes to the track and never bets just randomly as most other people do.

“This is the difference”, he told me. He said that this is a very smart way to do it since with such a good racing tips subscription he doesn’t really need to spend a lot of time on studying the horses. “Why should I spend time on that if I can get the horse racing tips for a bit of chump change? You see, like in business it’s about making smart decisions and then apply those strategies that work”.

Tip: How To Give A Powerful Speech

If you’re the owner of a company, a CEO or team leader there may come the time where you’ll be expected to give a speech. A simple toast at the next company party may perhaps not be a problem, but what if you’re expected to give an inspiring speech in front of a large audience?

Over at The Business Insider I found some helpful tips for giving a powerful speech that will inspire your audience.

Those tips cover the five essentials that can make it a breeze to give a good speech in various situations. Capture your audience the next time you have the opportunity and give a powerful speech with those tips!