In today’s podcast episode, we’re diving into how to automate your invoicing. Collecting money and invoicing seems to be a challenge, no matter how small or big your business is.
Business owners either have to get payments upfront from customers or give them terms, or the amount is due upon completion of the work.
Either way – how do you collect payments?
Do you have a credit card machine or mobile device? Do you send out payment links – it can be as simple as that, or you might be using software or using accounting software.
We have products that integrate directly into accounting software and other inventory software that enable you to automate. You can send an invoice with a link, and the customer can click and pay by ACH/E-check or by credit card.
Many businesses struggle with inflation, supply chain issues, and price increases. How can you combat that along with the stress of how to use your capital and lines of credit?
Many businesses that traditionally do not accept credit cards might want to look into doing that to speed up payment – customers get 30 plus days to pay their credit card company, and there is less stress on your capital.
When we consult, we discuss these concepts with clients and show them how accepting credit cards can save them money, benefit their customers as they get points, miles, and cash back, and increase cash flow. The fed keeps raising rates, and prime plus is way more expensive than accepting a credit card or ACH payment.
Is it time you automate your invoicing?
Find out more – as you listen to us discuss this topic!