Today, we’re not talking about GDPR. Instead, we spoke to you about a tool we use daily to manage our accounting: IPaidThat. When a company grows, invoices pile up, as do expense reports. Naturally, processing times become increasingly important. We began searching for a solution to optimize specific time-consuming tasks at this precise moment. In this context, we asked our excellent office manager Catherine Précis for her opinion (whom we highly recommend if you want to lighten your workload on this energy-consuming subject that distracts you from your objectives), who quickly recommended the IPaidThat tool.
Axeptio sells subscriptions (monthly or yearly) and is called a SaaS (Software as a Service). This business model can become a nightmare for your accountant if you don’t adopt an appropriate solution. IPaidThat allows us to collect and break down our invoices, regardless of their origin… A considerable time saver when fishing for invoices… We even automated the sending of invoices to the client.
We’ve all experienced when your accountant asks you to send him the expense reports from the last few weeks… and then it’s a disaster. You rummage through the pockets of your ten pants; you dismantle your wallet; you open garbage bags (please tell me I’m not the only one who does this?…). Since we installed IPaidThat, all of this has been dramatically simplified. As soon as we make a purchase (taxi, hotel, restaurant…), we take a photo of the receipt and are done.
Synchronization with your bank
By comparing the invoices recorded in the tool with bank statements, notifications are automatically generated if invoices are missing. It’s also more visible because everything is classified by suppliers, clients, and categories (marketing, commerce, company life…).
Manually, it also works!
Even if we sell an off-the-shelf product, we often have to create more personalized quotes and invoices (often for major accounts that require tailor-made services and adapted payment conditions). Here too, the interface is enjoyable and allows us to quickly generate invoices containing all the essential information that secures us (such as mandatory mentions or penalties in case of late payment). We won’t go any further on this topic today… you’ve understood that IPaidThat is a super handy tool (and French, it should be noted) that allows you to save considerable time in your accounting management. If you want more information, all you have to do is go to their website: https://ipaidthat.io/en.