Cash flow is the lifeblood of any business, especially for startups and small enterprises. Prompt invoicing accelerates the payment process, reducing the time between delivering a product or service and receiving payment. This swift turnaround is crucial for covering operational expenses, reinvesting in the business, and sustaining growth. When invoices are delayed, it increases the time it takes for money to come in, creating a cash flow gap that can be detrimental to the business.