Wise Business New Invoicing Tool for SMEs

Wise Business has launched an innovative invoicing tool aimed at simplifying payment processes for small and medium-sized enterprises (SMEs). The free-to-use tool enables businesses to create, send, and track invoices without the need for external accounting software. With the new feature, SMEs can digitize their invoicing operations, improve payment efficiency, and reduce the administrative burden that often accompanies manual invoicing processes.

Streamline Your Invoicing Operations

Invoicing is a critical yet often tedious part of running a business. Many SMEs rely on outdated spreadsheets or expensive accounting tools to manage their invoices. Wise aims to change that with their new tool, which offers:

• Professional invoice creation: Users can quickly generate and send professional invoices directly from their Wise Business account.
• Integrated payment methods: Wise automatically connects the appropriate payment methods to your invoices, ensuring that customers can pay you with ease. This integration reduces errors and simplifies the reconciliation of payments.
• Multicurrency capabilities: Invoices can be issued in over 9 local currencies and 13+ global currencies, allowing businesses to accept payments internationally without hidden fees.

How It Works

Setting up and using the Wise invoicing tool is straightforward. Here’s how it works:

1. Create your invoice in your Wise Business account.
2. Send the invoice directly to your customer via email or download it as a PDF.
3. Receive payments into your local account without extra charges.

Whether you run a consulting service, sell physical goods, or offer online classes, Wise’s invoicing tool helps you get paid faster with fewer complications. Payments can be made via bank transfer, card, or Wise’s “Pay with Wise” feature for the quickest transactions.

Digitize Your Invoicing Process

By moving away from manual processes and integrating Wise’s invoicing tool, SMEs can eliminate the risk of errors and reduce the time spent on administrative tasks. Wise also offers detailed tracking capabilities, allowing businesses to see whether invoices are paid, overdue, or pending.

Additionally, Wise’s payment options are optimized for international business, making cross-border transactions as easy as domestic ones. Wise offers free local account details in 9 currencies, allowing businesses to receive payments without additional fees.

No Fees, No Hassle

Wise offers a fee-free invoicing service, providing cost-effective solutions for SMEs. You can generate and send invoices without additional charges, and there are no receiving limits, except for USD, which starts at $20 million.

Wise Business Growing Strong

This new invoicing tool is just one of the many features that have helped Wise Business grow its customer base to over 600,000 users globally. With a focus on SMEs, Wise provides a comprehensive platform for managing international payments, holding and sending money in 40+ currencies to 160+ countries, and accessing expense management tools.

For SMEs looking to simplify their invoicing and payment processes, Wise Business provides a free, efficient, and integrated solution. By offering an easy-to-use platform that eliminates the hassle of managing multiple currencies and payment methods, Wise helps businesses focus on what they do best — growing their enterprise.

Sources

• Wise – https://wise.com/gb/blog/create-invoices-with-wise