Not all invoicing automation software offers the same level of utility, convenience or power in the IT staffing business. The IT staffing industry invoicing automation specifications are reputed to be extremely demanding in feature requirements. It is not without reasons that staffing businesses are beginning to automate their invoicing process fervently.

For many IT staffing firms 2021, modernizing and automating their invoicing, AR and VMS tasks are high priority work; and not without reasons are they moving so fast. Automation, they understand, is the key to managing consultants, customers and vendors.

Here are 5 benefits that drive IT staffing companies to beeline to embrace invoicing automation software in 2021.

1.    Invoicing automation will speed up all processes from timesheet submission up to VMS (vendor management). Once your organization has set the automation ball rolling timesheet receipt and authentication will become a cakewalk process – very few mistakes will creep in and the digitalized timesheet data can be merged with downstream processes to give accountants a time advantage. More invoices will be processed per individual consultant and productivity will go up by at least 10X.

2.    Invoicing automation will completely eliminate errors in invoices that firms send to their customers. No errors will translate into lesser returns for correction and faster processing. If the invoice is machine readable and your customers process invoices digitally, it is a double advantage for you. You will get paid faster and your cash flow position will remain comfortable at all times. Your firm will benefit from not borrowing money to meet cash requirements for smooth operations.

3.    Invoicing automation will help your business in the invoice generation and dispatch process; you can auto-generate invoices and schedule them so that your invoices don’t miss the customers’ payment dates. There will be no mail delays, clumsy papers to handle or missed invoices. Since automation software can be transmitted by email, you will always have a record of the dispatch. In the event of your customer demanding another copy, all that you need to do is forward another copy and stay cool.

4.     You can monitor all payments and money receipts into the firm’s business banking account when the automation software is integrated with your office QuickBooks accounting software. Automation software comes with centralized monitoring and command structure in the form of a dashboard. In the dashboard, you can access every invoice dispatch (auto or manual), payment receipts and payments, invoicing due dates, timesheet due dates and delinquencies without leaving your workspace even for a moment.

5.    You will never ever after installing an automation application accidentally make a second payment for the same vendor or fail to debit payment due to your business. The multiple-point checking process and an array of complex built-in algorithms and matrices ensure that there are no financial leaks at all.

For many IT staffing firms 2021, modernizing and automating their invoicing, AR and VMS tasks are high priority work; and not without reasons are they moving so fast. Automation, they understand, is the key to managing consultants, customers and vendors.

IT staffing companies prefer CONSULT invoice automation application because it meets virtually all automation objectives including remote working ennoblement for accounting staff, competitive pricing, and convenience of cloud-based SaaS, freedom from installing or maintaining automation software.