How to track invoice payments and manage cash flow in one system

How to track invoice payments and manage cash flow in one system

This task can be performed using Alfa

Streamlined invoicing for growing business

Best product for this task

Alfa

Alfa

accounting

Alfa is a simple invoice management tool for freelancers, solopreneurs, and small businesses. Create professional invoices in seconds, set up recurring billing for long-term clients, and track payments all in one place. It’s free to start, easy to use, and designed to save you time so you can focus on your work instead of paperwork.

What to expect from an ideal product

  1. Track every invoice from creation to payment with real-time status updates that show which clients have paid and which haven't
  2. Set up automatic recurring invoices for regular clients so you always know when money is coming in each month
  3. Get instant notifications when payments are received so you can update your cash flow records right away
  4. View all your outstanding invoices in one dashboard to see exactly how much money you're expecting and when
  5. Generate payment reports that show your income patterns over time to help you plan ahead and spot cash flow gaps

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