Cash flow management can be influenced by a wide range of tools in the construction sector. In installment invoicing, payment installments that are thought out optimally in terms of cash flow, such as the speed and ease of invoicing as a whole, are crucial to maintaining good payment capacity of companies.
Have you wondered how small adjustments to payment schedules can have a significant impact on cash flow? Putting enough different payment batch tables in Fondion ensures that each person chooses a payment batch table that makes sense in terms of cash flow.
Very often, in companies, invoicing is done when there is time to do it. By invoicing your customers in a timely manner, you safeguard your company's finances and cash flow. Billing should be very easy and fast, in which case invoicing is done densely and not after other “everyday hassle”.
No line-level data input to the sales invoice, and no customer or project data entry to the sales invoice at all. These things are automatically invoiced. Fondion also automatically detects the purchase invoice lines to be re-billed or the hours of work to be billed according to the statement.
You should make sure that your suppliers' payment terms are commensurate with your customers' payment terms. Providers with long payment terms will not help your business if there are delays in the billing process. Or short payment periods for your customers.
If your system does not have automation to recognize the contract format, billing will occur with a long delay or even completely unbilled. Based on the form of the contract, Fondion identifies whether it is still invoicing, invoicing by deed or installation invoicing.
You achieve budget-level cost tracking at a sufficient sub-area level, allowing you to see the real factors influencing profitability.
Arrange a presentation with us and you'll get an idea in an hour of how Fondion can help your company make its business more efficient. Does not bind to anything.
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