Streamline Billing with Enhanced Recurring Invoice Generation and 2 in 1 Documents

Introducing Enhanced Recurring Invoice Generation with 2 in 1 Documents

The latest update to our documents feature brings a powerful enhancement to streamline your billing processes. You can now generate recurring invoices effortlessly at the time of signing, enhancing workflow automation and financial precision for your services.

Benefits of the New 2 in 1 Documents Feature

Seamless Template and Document Setup

  • Automatic Settings Configuration: As you create a new document or template, adding a product list automatically triggers the settings drawer, simplifying your setup process.
  • Recurring Products Differentiation: When a recurring product is added, it automatically switches to the recurring type, including tags that clearly distinguish between one-time and recurring products. This feature clarifies billing structures for you and your clients.
    Image of Recurring Products and Settings Drawer
  • Invoice Timing Flexibility: Now, you can opt to have the first recurring invoice generated at signing time. This flexibility allows subsequent invoices to follow a schedule based on the signing date, whether they are weekly, monthly, etc.
    Image of Invoice Timing Option

How to Implement the Enhanced Document Workflow

For Templates

  1. Create a New Template: Navigate to Payments -> Documents & Contracts -> Templates -> New Template.
    Create New Template Screenshot
  2. Insert Product List and Signature: Add the required elements, allowing recurring product options to open the settings drawer for easy configuration.
    Adding Product List and Signature
  3. Configure Product List: Identify which items are one-time versus recurring, using tags for clear identification.
    Recurring Product List Configuration
  4. Invoice Generation Options:
    • Generate Invoice at Signing: Automatically initiate a recurring schedule when the document is signed, with the first payment due immediately.
      Invoice Generation Options
    • Enable Direct Payment and Send Invoice Options: These settings provide seamless transitions for signers to be redirected to the invoice or receive it via email.
      Direct Payment and Send Invoice Options
  5. Save and Use Workflow: Finalize and save your template, then integrate it into a workflow for automated deployment.
    Workflow Configuration
    Workflow triggers document with invoice
  6. Completion Process: Once the document is signed, payment is processed either immediately or via email.

Invoice Redirection
Invoice Received Notification

For Individual Documents

The setup and process are identical to templates, providing a straightforward approach to send documents and receive payments quickly.

The Purpose Behind This Update

This enhancement effectively supports service companies that need to adopt a dynamic billing structure, with setup fees and periodic payments entirely automated through our system.

Looking Forward

We are working on features to integrate payment schedules for collecting deposits and ensuring fast redirection to the invoice screen, enhancing your efficiency further.

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