Get paid faster with click-to-pay invoices by email
Businesses of all sizes across industries are evaluating their current practices, looking for ways to increase their bottom line profits. Companies are responding by reengineering how they collect and process payments because most profit margin increases are a result of efficiency gains, innovation, and the introduction of new services. Reducing operating costs can have an exponential effect on profit. Industry estimates show a 5% reduction in operating cost can have the same impact as a 30% increase in sales.
Delivering invoices by email can reduce operating costs and can speed payment collections. We provide a number of electronic invoicing solutions from a simple virtual terminal interface (screen shot on the right) to enterprise level electronic bill presentment and payment (EBPP).
Easy Electronic Invoicing
Using our feature rich virtual terminal solution, businesses can easily take advantage of sending electronic invoices. Simply attach your invoice and email your customer a note to please remit payment with a payment link like this for example: Pay your invoice online at [link to your Secure Checkout page]. Your client will receive an email where they will be able to click on a payment link, drive back to your branded Secure Checkout page to enter their own credit or debit card number or bank routing and account number. In this method, you never "touch" the payment data, while customer-entered payment information may be used to process a real-time transaction and be stored to process future repeat & recurring transactions.
This functionality allows your business to process payments with the security of tokenization of sensitive payment data (card or checking account information). In addition, tools such as Address Verification System (AVS) and Card Security Code (CSC/CVV) are available to help prevent fraudulent payments. And you can add Level 3 line item detail before settlement for the lowest commercial and purchasing card Interchange rates.
Electronic Invoicing in sync with Accounting
Want an electronic invoicing solution that integrates with your accounting solution? Try our partner Bill.com which syncs invoices and payments in a single click and works with QuickBooks, QuickBooks Enterprise, QuickBooks Online, Intacct, NetSuite, Sage 50 (formerly Peachtree) and Thomson Reuters.
When you send electronic invoices with Bill.com you gain visibility into when your customers receive and review the invoice and when they've scheduled payment. You can also schedule and send automatic payment reminders. And when customers need to discuss an invoice, they can comment or ask their question from the same screen where they view the invoice, creating a permanent record of the conversation. Going paperless saves staff time with faster, easier invoicing and resolving disputes and saves money by eliminating printing, postage and trips to the bank.
Enterprise Level Electronic Bill Presentment and Payment
For the large sophisticated billers, we offer electronic bill presentment and payment (EBPP) technology implementation options, scalable to grow with your business demands from a hosted ASP model, Software as a Service (SaaS), Site Licensing, and even a Source Code purchase plan. Fully customizable to your company’s branding, business rules and legacy systems and offering an advanced modular design allowing you to create the perfect billing solution for your business.
Advanced Features include:
- Multi-lingual and Multi-currency capable
- Self-activate customer enrollment with bill presentment and payment profile management options to increase adoption
- Multi-line invoices providing line item authorization, double signatures, partial payment, disputed resolution, and item processing routines
- Collections management with online chat, discussion features and audit trails
- Digital delivery of “interactive” statement inserts with triggers to customize messaging based on your criteria (balance or activity thresholds levels for example) and promo code management
- Real time and batch processing, transaction warehousing, custom reporting, invoice and payment history
Please contact Ty Hardison at 800-397-2380 x14 for more information about customizing an EBPP solution for your business.