Running an HVAC company can be overwhelming. There are so many operational and administrative functions outside of actually performing the work. If you aren’t using a field service application for HVAC businesses, you could be missing out on opportunities to streamline and manage. One area of central concern is getting paid. HVAC invoice software is essential to improving your cash flow.
Why Cash Flow Matters for HVAC Contractors
Cash flow is a key area for any business. When it’s inconsistent or takes too long to get paid, you run into various issues. You might not have the liquidity to stockpile materials and parts. It could interfere with payroll, as well. Having a steady cash flow also means you have to purchase fewer things using credit. To ensure cash flow doesn’t have spikes and ebbs, you need to make it easier for your customers to remit payment.
Mailing Invoices Adds Time to Payment Received
If you currently use a manual process to send invoices via mail, you are likely adding seven to 10 days onto the time to payment. That can be a considerable amount of time, money due to you isn’t sitting in your bank account.
HVAC Invoice Software Offers a Better Way
With HVAC invoice software, you have the option to get paid on the spot. Your technicians can run a credit card directly in the app. Alternatively, you can also send them a secure email link, and they can quickly pay online.
All the activity that happens within the platform automatically syncs with QuickBooks, so you don’t have to duplicate tasks or waste time on data entry. When HVAC contractors have such a resource, they see an immediate impact on cash flow!
Make That Bread Even Faster
There are so many elements that go into running a successful business. One of the most important is invoicing and payments. The easier it is, the less time you have to wait for payment. See how it works today by requesting a demo of Service Raider today.