We all know the complexities involved in keeping on top of contracts in a service business and the kind of flexibility that is needed in invoicing contracts, which is critical to revenue and cash flow, is not well understood.

In most businesses, the frequency of invoices can vary by different parameters. For example, if it’s a one-time transaction then there is only one invoice generated. Whereas there might be a long duration of the transaction…

Co-Author: Gayatri Bagde