HYVE's new feature: Crypto invoicing system
At HYVE, we understand that freelancers and professionals have enough on their plate without the added burden of administrative tasks. Today we’re excited to announce our new Invoicing System, built from the ground up by our development team.
It’s an essential addition to our platform, simplifying the lives of freelancers and reducing the time wasted on administrative tasks.
The Burden of Administrative Tasks for Freelancers
Freelancers are entrepreneurs. Not only are they responsible for delivering their projects, but they also manage their own finances, client relations, and administrative tasks.
According to a study by AND CO, freelancers spend an average of one day per week—that’s 20% of their time—on administrative tasks like billing, invoicing, and chasing payments. This is time that could be better spent on billable work, improving their craft, or expanding their client base.
For many freelancers...
...manually creating invoices, tracking payments, and converting currencies can be an overwhelming and time-consuming process. This is especially true for those working with international clients, where navigating different currencies and banking systems adds extra layers of complexity.
Our Invoicing System simplifies Freelancing
The new HYVE invoicing system drastically reduces the need for freelancers to manually create and send invoices or manage complex currency conversions.
In order to access our invoicing system, head over to the profile section on HYVE. There you will notice multiple options - select invoicing from the available buttons.
Within the invoicing session, you will see a breakdown of all invoices that are required to be paid by a client or you have to pay for purchasing a service or digital item (including all the relevant details - Chain, Token, Date and Address).
The new invoicing session consistently makes life easier for freelancers through:
Multi-Chain and Multi-Token Support
Freelancers can now bill their services or digital items using any of HYVE’s supported tokens across 15 blockchains. This eliminates the need for complex calculations or manual conversions when working with clients across different countries.
Automated Processes
Freelancers can now generate professional invoices in just a few clicks, saving hours previously spent on manual invoice creation. Our system tracks payments automatically, ensuring that freelancers are notified when a client completes a payment, so there’s no need to chase down unpaid bills or manually check accounts.
Escrow-Integrated Payments
HYVE’s escrow system is fully integrated into the invoicing feature, adding an extra layer of security to the process. Payments are held in escrow until the freelancer completes the project, ensuring both parties are protected and building trust between clients and freelancers.
No More Currency Woes
Working with international clients often means dealing with fluctuating exchange rates and hidden fees. HYVE’s invoicing system eliminates these worries by allowing payments in over 200 different tokens, removing the need for complicated conversions or dealing with traditional banking fees.
A Core Feature in HYVE’s First Era
This invoicing system is one of the flagship features of HYVE’s First Era, designed and developed from scratch by our talented development team. As we move forward with our ambitious roadmap, we continue to prioritize innovation and user experience, ensuring that freelancers have the tools they need to succeed in the fast-paced world of web3 and beyond.
The future of freelancing is more streamlined, flexible, and secure than ever before, and we’re excited to bring these innovations to our community.
This new invoicing system isn't just another feature—it's a game-changer, cutting down on administrative tasks and allowing freelancers to spend more time growing their businesses.
With our cross-chain infrastructure, escrow integration, and multi-token support, HYVE is making it easier for freelancers to manage payments and clients with minimal effort. What feature are you expecting next - let's start the chat on Telegram!