Effective invoicing and billing practices help keep your business's cash flow steady, ensure timely payments and sustain your business's financial health.

• Customer invoicing and billing is the process of preparing and delivering formal bills that detail what a customer owes for goods or services. It ensures customers know the payment amount and terms. This process includes generating the invoice document, verifying the charges, and sending it to the customer in an official and timely manner.

• Managing customer invoicing and billing also entails effective communication and timely follow-up. These effective business practices enhance debt recovery rates, maintain strong customer relationships, and ensure steady cash flow and overall financial health