3 Ways to Make Invoicing Easier

Any weddings or event industry business owner will tell you that invoicing and bookkeeping is a very time-consuming process. And with this season shaping up to be the busiest on record for the wedding industry, we called in some experts for some advice on helping you save time! Our friends at Maroo (a new payment platform for the weddings & event industry) gave us some of their top tips for streamlining and simplifying your invoicing process for the remainder of the year! 

1. Set Up All Contracts & Invoices at One Time 

One of the best ways to streamline your invoicing is to set up all of a contract’s payment milestones at one time. This is one of Maroo’s most popular features! Maroo makes it easy for you and your team to schedule all of your payment milestones in one sitting. For example, a photographer can request 50% of the contract upon signing and the remaining 2 payments 12 weeks and 4 weeks out. Maroo will send the reminders to the couple that it’s time to pay the next installment of the contracted amount – nothing else needed from you! 

2. Create Deadlines and Select One Day Per Month for Bookkeeping and Invoicing

Wedding businesses have many expenses and two of the larger expenses are freelancers and payments to other businesses. We recommend setting up “due” dates for freelancers and B2B businesses in that every invoice or payment request is due by this recurring monthly date. This allows you to handle all invoices and outbound payments on one day towards the end of the month! Thus, saving you time and energy.

3. Get Rid of Payments All Together with Maroo Book Now, Pay Later 

What is Book Now, Pay Later? Maroo is proud to be the first company in the wedding industry to offer this option to wedding businesses and vendors! It's the ability for businesses in the wedding and event industry to offer their couples the option to split their payments at 0% APR over 3, 6, or 12 months, with cancellation insurance included. The fee varies between 5-10% based on the length of the payments. The best part? Your business gets paid the full contracted amount the following day. Hence, it can save you time because you won’t have to worry about collecting payments again! 

 

Sign up for free for Maroo here and join their mission to modernize money for the wedding industry, all while saving wedding pros time and money!

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Veronica M. Foster

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