What is Consolidated Invoicing?
Consolidated Invoicing is a feature within the Network platform that combines multiple agency invoices into a single, unified document. By providing a centralized view of all charges, this feature allows businesses to streamline payment processing, improve accuracy with automated tax calculations, and reduce the time spent managing scattered billing information.
Here’s how it works:
Generate a Consolidated Invoice: Access the invoicing section in the Network platform and select the "Consolidated Invoicing" option.
Select Date Range and Agencies: Choose the desired time period and the agencies to include in the invoice.
Review and Download: View all line items grouped by agency, ensuring complete transparency. Invoices can be downloaded in your preferred format (PDF, CSV, etc.) for processing.
Key Benefits of Consolidated Invoicing
Improved Efficiency:
Save time by eliminating the need to manage individual invoices. Consolidated Invoicing allows you to oversee everything in one streamlined document, freeing your team to focus on higher-value tasks.Enhanced Accuracy:
With automated tax calculations and centralized billing details, errors are minimized. Agencies input taxation details directly into the system, ensuring accuracy and compliance.Complete Transparency:
Every line item—bill rates, hours worked, and cost centers—is clearly displayed, giving you full visibility into the financials of each shift.Simplified Reconciliation:
Track and reconcile payments with ease. Consolidated Invoicing ensures all details are in one place, making financial management smoother and more organized.Eliminate Timesheet to Invoice Reconciliation:
Network timesheets serve as the single source of truth, ensuring seamless alignment between timesheets and invoices without manual reconciliation.
Who Benefits from Consolidated Invoicing?
Consolidated Invoicing is designed for users who manage billing and invoicing for multiple agencies or organizations. It’s particularly valuable for:
Business Owners: Gain a centralized view of all agency billing for better financial oversight and strategic planning.
Finance Teams: Streamline invoice processing and improve reconciliation accuracy, making monthly closeouts more efficient.
Account Managers: Easily access and manage client invoices across multiple agencies, ensuring quick resolution of any discrepancies.
Administrators: Reduce administrative errors and simplify the invoicing process for greater operational efficiency.
Why Choose Consolidated Invoicing?
With recent enhancements, Consolidated Invoicing takes the hassle out of billing. Features like detailed shift information, agency-driven taxation, and a simplified “Bill To” address field ensure accuracy while reducing manual input errors. By combining all agency invoices into one unified document, you gain a powerful tool to streamline your billing process, eliminate inefficiencies, and improve financial control.
Ready to Simplify Your Invoicing Workflow?
Consolidated Invoicing is more than just a feature—it’s a smarter way to manage your vendor relationships and workforce billing. Take control of your invoicing today and experience the time-saving, error-reducing benefits that businesses across industries are already taking advantage of.