Usually, how long does it take your business to accumulate payments from your customers? Are you at present waiting to acquire payments for services rendered over one or two months before? If so, then consider implementing an electronic invoicing solution that allows you to invoice your clients via email and acknowledge payments through credit cards, EFT (electronic funds transfer) or ACH (Automated Cleaning House) direct deposit. Chu ky so bluesea
This kind of method of invoicing your clients via an electronic digital means, such as email, will save your business time, money and provide an excellent return on your investment. My company integrates electronic digital invoicing systems for our clients and i also can say with experience, it enables you to acquire payments in several weeks rather than months. Additionally it is much easier for your clients to click a link within an email, fill out some basic mastercard information and send their payment online then it is to print out an invoice, write a check and mail it back to you. The clients will be more inclined to process obligations sooner if you provide them with a method that takes one day to complete.
Using this method, most likely also gaining another significant advantage – next time you invoice your client, you will have their repayment information stored on document therefore you can certainly process their visa or mastercard or request repayment through their bank consideration (ACH), and never have to wait for them to submit the payment. This will enormously minimize the amount of outstanding invoices, at the time of you more cash flow to perform and operate your business today.
Some businesses use PayPal to invoice their clients. As this is a very similar means, it’s not as professional. If you are using PayPal to invoice your clients, you could be showing that you cannot afford to implement an online invoicing solution; however, if you utilize a custom-made e-invoicing solution, you will demonstrate to customers that you are successful and are continually working to improve your business – a notion that is very important for customer preservation.
If you’re currently using PayPal and I just offended you – My spouse and i apologize. I did not mean you’re not on the right track because you most definitely are. People, who use PayPal, are farther ahead of the game than the company that does not acknowledge any form of electronic digital payment. I’m just striving to open your eye and let you know that you can put into action a custom-made e-invoicing solution for your business for a minimal cost and with fewer seller fees than PayPal’s standard purchase costs.
When it’s time to research for a solution that is right for you, make certain to find an e-invoicing solution that is versatile and provides you with the ability to post and request payment for both one-time product/service accounts as well at repeating. Also, try to find a solution that allows both credit cards, as well as processes VERY SINGLE direct deposits because as your company grows, so will the need to use ACH. Also, VERY SINGLE transaction fees are much cheaper than credit cards transaction fees, so this will give you the capability to process VERY SINGLE transactions whenever you can. Other than that, the additional features and functionality will rely upon your unique business needs – so take action that is custom-made for your own.
I hope you find this content to benefit your business. I’m confident that if you implement an electronic invoicing system for your business, you will reap the benefits instantly and will be able to streamline and run your business more skillfully… as I have for mine and my patient’s.
At Hudson Horizons, we provide web design, development, content management, e-commerce integration, FEED content distribution, search engine optimization, e-marketing services and the development of custom applications such as personal blogs, newsletter systems, online repayment solutions and any other Web application that will be needed to help simplify your business.