The apps’ power becomes greater every day (that’s for sure). Creativity is unlimited (literally), while technology evolution is at high speed. Humans become less visible once the apps seem to take care of everything in their place.
These changes impact all types of industries. From entertainment to banking, human resources, construction, health, real estate, education, etc. – everything is powered by smart apps that are designed and built to do the right things, at the right place, track and interpret the valuable data only, and keep the focus on what users need.
For some services – like managing invoices and paying bills, tracking company’s funds and resources – dedicated employees seem to be less needed. Apps can do everything in their place.
Still, the human touch is a valuable asset for financial departments. And, users are expecting to find it in specific services (getting answers/support for specific questions/situations, interacting with the humans behind the app, etc.)
In the past year we developed Invoicer – an invoice management software for faster and error-free financial transactions & tracking.
From periodically transactioning to managing the organization’s cashflow, ensuring there are enough funds available to meet the day-to-day payments, encompassing the credit and collections policies for the company’s customers, to ensure the organization is paid on time, and monitoring the operations to provide insights of where further attention may be required – the activity of this department involves dynamic objectives and risks at the same time.
The Financial System came as a need to address the complexity in tracking and managing payments, receipts, and payment systems of salaries and bonuses etc.
The financial data that is generated from multiple sources has made this challenge even more challenging.
The platform is tailor-made for our accounting department but its architecture and features can be adapted to other businesses easily. (access the Invoicer’s case study to find out more about this projects and its potential)
Features & functionalities
- Adding users or granting the right to use the application for existing users in the field;
- Easier management of companies and customers financial profiles;
- Listing, filtering, exporting the data recorded in reports for each client;
- Generating, managing (editing, issuing, reversing, copying, deleting, emailing, adding tags) and downloading invoices;
- Setting recurrence dates for the invoices – recurring invoices are generated automatically;
- Downloading, filtering (by status, currency, time interval) and activating (ignoring / adding to reports / invoices, assigning / removing tags, partial / total payment) of the invoice list;
- Generating and managing proforma invoices (editing, invoice transformation, pdf download, printing);
- Generating proformas directly from time schedule application;
- Listing the history of proforma invoices that have become invoices;
- The possibility of transforming the proforma invoices into regular invoices if these have been deleted;
- Launching and listing the transactions on the companies’ accounts;
- Displaying charts with the transactions’ evolution:
- chart based on all currencies in transactions related to their amount;
- graph with Euro’s and Ron’s evolution over time – in Transactions;
- Listing, filtering and exporting payments;
- Product listing and management;
- Exchange rate listing and management.
If you’re interested in developing a similar platform for your business or even adapting this one to your specific needs, leave us a request on this contact form, and we’ll get back to you with a project estimate.