September 9th, 2024 by J B
Have outstanding invoices? Let’s look at a solution.
Filed in: Merchant Accounts | Add comment
Have outstanding invoices? Let’s look at a solution.
Invoicing is a core component for most businesses to capture revenue from sales. Managing outstanding invoices and collecting those invoices can be a difficult, labor-intensive process that is not always the best experience for the end customer.
Online systems have streamlined and automated much of the collection process, giving customers quick access to check their outstanding invoices and make payments online. These days, with text message advertising averaging a 45% response rate compared to the 2% response rate of email, imagine how much more effective your invoices would be if sent by SMS text. SMS invoices see a near 80% open rate within the first hour for most of our customers.
Is it easy to set up?
From a simple payments page that you can link to on your existing invoices, to fully detailed invoices generated by your existing accounting software with integrated payments and everything in between, if you invoice, then there is an option that is right for your business.
We set up the entire system for you, then it’s just a few minutes on your end to tie everything into your business. Really, in about 5 minutes, you will be able to send invoices via SMS or email with integrated payment options.
Then it’s got to cost something.
For most businesses, it costs $5 to $10 per month in addition to your existing payment cost, and in most cases, we can save merchants far more on their existing processing services to more than offset that additional cost. From there, it’s just pennies per invoice.
What’s the customer experience like?
Your customers will appreciate the ease and convenience of being able to see outstanding invoices in one place, without needing another account to log in to. Simply click the link in the text message or email, and go straight to their most recent invoice.
You are also able to customize a lot about how the invoices are delivered, what they look like, and even add customer messages and information.
This also allows you to offer alternative forms of payment like online check drafting for those customers who prefer payments by ACH.
Let’s talk about what you would want out of an invoicing system, and we can put a package together for you today. Call us today at 866-937-7991.