Many business owners struggle to get invoices paid on time.
Needing to track down clients, make payment arrangements, find missing invoices and other factors can make the process of getting paid inefficient.
Business owners can streamline their payment process by accepting credit card payments directly from their invoices. Using an invoicing tool that integrates with your payment processing software and has an embedded payment button at the top makes it easy for customers to click and pay instantly.
Allowing customers to pay with the click of a button makes it easier for you to get paid faster.
Increase Cash Flow
Using online invoice payments makes it easy to create invoices and have your customers pay them quickly. By reducing the number of invoices that experience a delay in payment your business's cash flow will be more predictable.
Having consistent incoming cash will allow you to pay suppliers, rent, and other business expenses. Because you are spending less time drafting and sending invoices to customers, you’ll be able to focus on growing your business not chasing payments.
Efficient Business Processes
Payments have gone digital, customers are comfortable making payments online using their credit cards, and most customers expect to be able to complete their transactions online. To ensure your business can efficiently accept payments you need to make sure your business can accept payments the way customers want to make them.
By adding a built-in payment option to your invoices, you make it easier for customers to pay invoices the way they want. Online invoice payments allow you to create an invoice with a payment button, quickly email it to the client, and set automatic reminder emails for when the payment is due. Automating the payment process and pesky reminder emails gives you more time to focus on other tasks. These features make it easy for clients to pay you, so you get paid faster than ever.
Secure Customer Credit Card Information
Helcim Commerce also includes a credit card vault which archives your customer’s credit card information, so you can easily process repeat payments. Credit card vaults allow customers to be billed directly using the information stored in your account from their initial purchase. Customers do not need to re-enter their credit card information, and you can opt to bill them directly instead of sending monthly invoices. These efficiencies speed up your payment process. To learn more about the Credit Card Vault check out our article on how to Get Invoices Paid Faster With The Credit Card Vault.
Improve Client Relationships
Having to confront clients for payments can create tension and damage your relationship with them. By using online invoice payments, you can leave the collections role to your competition. Easy to pay invoices allows you to focus on building a great relationship with your customers so you can retain them as long-term clients.
By sending invoices through email with the option to pay with a credit card your customers can pay the invoice on their own time, from their own homes. If a customer forgets to pay the invoice on time, the automated email reminders will do the job of following up for you, and gently remind your customer that their invoice is now due. Emailed invoices are a convenient and less confrontational way to ask for payments, removing the tension that can come with asking for payments face-to-face.
The Dynamic Duo: Credit Card Processing + Invoicing
Using invoicing software that integrates with credit cards allows your business to boost its cash flow, reduce the time spent on invoices, and focus on building a relationship with your customers.