Data Insights from Wave: Recurring Invoicing

This post is written by Wave developer and data expertTommy Guy.

Wave is proud to introduce recurring invoices, a major update to our invoicing application. What’s amazing about recurring invoices is that so many of you were already using Wave for repeat billing. On the Data Insights at Wave, we are constantly examining how our users derive value from our products, so we can continue to make them better. One thing we pay attention to is how often our users invoice the same customer.

data insights from wave image1

Three quarters of all invoicing users have repeat relationships with their customers. Those relationships last on average 5 or more unique invoices.

Moreover, invoices from recurring relationships tend to be larger than single-transaction invoices. We’re confident that Wave’s recurring invoices product will make it even easier to get paid on time with the least amount of effort.

data insights from wave image2

 

Log in to your Wave account to check out recurring invoicing!

Categories:   Archive
Sara Rosenfeld
By Sara Rosenfeld
Disclaimer

The information and tips shared on this blog are meant to be used as learning and personal development tools as you launch, run and grow your business. While a good place to start, these articles should not take the place of personalized advice from professionals. As our lawyers would say: “All content on Wave’s blog is intended for informational purposes only. It should not be considered legal or financial advice.” Additionally, Wave is the legal copyright holder of all materials on the blog, and others cannot re-use or publish it without our written consent.