In today's digital age, it's more important than ever for businesses to streamline their processes and use technology to their advantage. One area where this is especially true is in invoice management. While it might seem easier and more familiar to use a tool like Microsoft Excel to track and manage invoices, there are a number of reasons why a business should consider using software specifically designed for this purpose.

1. Improved accuracy and efficiency: With invoice management software, you can automate many of the manual tasks involved in creating and tracking invoices. This can reduce the risk of errors and ensure that invoices are sent and paid on time.

2. Enhanced security: Excel sheets can be easily misplaced, shared with unauthorized individuals, or even accidentally deleted. Invoice management software, on the other hand, offers secure storage and access controls, helping to ensure that sensitive financial information is kept safe.

3. Better organization: A dedicated invoice management system can help you better organize your invoices and related documents, making it easier to find and access the information you need.

4. Greater flexibility: With Excel, you are limited to the features and functionality of the program. Invoice management software, on the other hand, can be customized to meet the specific needs of your business, providing greater flexibility and the ability to scale as your business grows.

5. Better collaboration: If multiple people in your organization are responsible for invoices, Excel can make it difficult to track who is working on what and ensure that everyone has the most up-to-date information. Invoice management software can help facilitate collaboration by providing a central repository for all invoices and allowing multiple users to access and update them in real-time.

Overall, using software for invoice management can help your business save time, reduce the risk of errors, and improve the efficiency and security of your financial processes. While Excel may be a familiar and easy-to-use tool, it is simply not as well-suited for this purpose as specialized invoice management software.

See below video to see how simple it can be with ezybill:

Many businesses across India have started to realise the importance of such a software and have started using invoicing and inventory management systems for their businesses. One such popular and rapidly growing software application is ezybill.

With ezybill, businesses can create Create professional invoices, Manage Inventory, Receivables, Payables and much more from anywhere, anytime.

Hosted on Microsoft® Azure, ezybill is an enterprise grade application - yet cost effective, simple, safe and secure.

Some of the key features of ezybill include:

Inventory Management specific features:

• Low/Out of stock items & intelligent re-order stock reminders
• Item Grouping
• Batch/Serial No. Tracking
• Unit of Measurement Conversion

Other Useful Features:

• Generate GST Compliant Invoices
• Track Receivables and Payables
• Get timely reminders for payments
• E-Invoice Integration
• Auto Generate E-Way Bills
• Multi User Management
• Set Customer Wise Rates

For more please vist: www.ezybill.in