One of the greatest challenges companies face is the collection of service and project fees. As each client represents a microcosm, billing management unfolds into several challenging tasks: ascertaining how much to collect, who to charge, when to invoice…
HoneyBook enables companies to automate all of these back-office activities. The tool provides branded templates, so you just have to fill in the relevant data (company name, service description, rates, etc.), and digitally send the file to the prospected client. In turn, they add a digital signature to the document and send it back to you – HoneyBook keeps track of the entire process, notifying the parties when a step is taken, from receiving the proposal to reading the file and accepting the asking price.
After the contract is signed, HoneyBook provides a schedule where you enter primary information (just once, as it gets recorded) such as email address for notifications, rate, invoice dates, and deadlines, the system will periodically send the client a message, offering an online payment option so that they are able to pay immediately.
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