What should you do to streamline the purchasing process once the customer approves an estimate?

Creating an invoice from the estimate is the most effective way to streamline the purchasing process after receiving a customer's approval. This process translates the approved estimate, which outlines the costs and scope of work, into a formal invoice. An invoice serves as a request for payment and often includes the same details as the estimate, thus ensuring consistency and clarity. By using the estimate as a basis for the invoice, it not only saves time but also minimizes the chances of errors or misunderstandings regarding pricing or services.

Transitioning directly from an estimate to an invoice helps in accelerating the approval for payment, facilitating quicker cash flow, and enhancing customer satisfaction by providing them with a seamless experience. This is crucial for financial management and operational efficiency.

In contrast, creating a purchase order might not be necessary if the customer has already approved the estimate, as the invoice effectively serves that purpose. Scheduling a delivery would typically come into play after the payment is confirmed or the invoice is processed, while sending a payment request might not fully utilize the streamlined capabilities of converting an approved estimate into an invoice, potentially complicating the process rather than simplifying it.