Overview

The Invoicing feature in AI Growth Advisor enables businesses to easily track, manage, and process all their royalty invoices from a single, central location. With automated payment tracking and a straightforward layout, you’ll never miss a due date or lose track of pending payments, ensuring a healthy cash flow and peace of mind.

Why Invoicing Matters for Your Business

• Saves Time: No more manual tracking or spreadsheet headaches. All your invoice details are neatly organized and always up to date.
• Reduces Errors: Automated tracking minimizes the risk of missed or duplicate payments.
• Boosts Cash Flow: Timely invoice processing helps you maintain strong financial health and better relationships with franchisees or partners.

How to Use the Invoicing Feature

1. Navigating to Invoicing

• From the left sidebar, click the Invoicing icon to open your invoicing dashboard.

2. Viewing Payments Due

• Under the Invoice tab, you’ll see a clear list of all upcoming and pending royalty invoices.
• Each row shows important details:
  • Run Date: When the invoice is generated.
  • Invoice Period End Date: Last date of the invoice billing cycle.
  • Frequency: How often the invoice occurs (e.g., weekly).
  • Fee Name: Type of fee being charged (e.g., Royalty % of Sales).

3. Processing Invoices

• Click "Start Processing" next to any invoice to initiate payment collection or reconciliation.
• Use the search bar at the top right to quickly find specific invoices or partners.

4. Tabs for Deeper Insights

• Dashboard: View an overview of your invoicing health.
• History: Track previously processed invoices.
• Fee Setup: Configure or update your invoice fees.
• Sales Auditor: Audit sales data tied to invoices.
• Reporting: Access detailed financial reports.

Pro Tips for Businesses

• Check Invoicing Regularly: Log in frequently to ensure no payments are missed.
• Use Search & Filters: Quickly find, sort, and manage large lists of invoices.
• Stay Organized: With all information in one place, you save time and avoid confusion.

With the Invoicing feature, managing payments is easier than ever, helping your business stay efficient, compliant, and financially healthy.