Even if you are not connected to Xero, there are some great benefits to populating the progress payment page
- Firstly, you can provide your client access to the ‘Progress Payment’ tab (covered by the Client Portal training guide) - meaning that they have clarity, and full visibility on what they are meant to pay, have paid, and are yet to pay - including variations, etc - this can help speed up payment and minimise payment disputes.
- Secondly, the client has the ability to print the progress payment screen off, to take to the bank as proof of funds required - further helping to speed up their payment process.
- Thirdly, we have a great variation approving process to streamline this side of your business
- Fourth, linking progress payment items to your scheduled tasks ensures your clients are invoiced as soon as possible - no waiting weeks to invoice the client because the PM forgot to notify the accounts team
- Fifth, we have some great progress payment reports to assist your accounts team in managing their invoicing and payment requests
- And finally, the progress payment page is very well laid out, allowing YOU to easily track the stage and variation payments made, and what payments are still to be invoiced and made.
