Tuesday, 9 April 2013

Web-based invoices and making direct debits easy with smart automation

By Susan Bapsnill


As a small to medium size business manager you have probably fantasized about having your clients order your services and products in a professional efficient web-based order process. Part of this seamless sign up procedure is the collection of recurring payments via automated no fuss debit batch. Sadly the debit order idea bubble tends to disappear for most SME managers when they realize the fees involved with designing a system like that mentioned above.

This happy idea also begins to turn into an issue when you realize that billing for all these accounts as well as billing recon will have to be done manually. Can you say hundreds of man hours? This is the motivation why most small businesses think this type of invoicing is not cost effective and won't suit the requirements of their special style of business.

We're here to tell your business that now is the time to think again! Out in the realms of cyberspace there are a few good developers who have heard the call of the SME owner and come to their aid with out-the-box billing and online invoicing services that not only automates your billing, but submits and collects debit orders. This is a relatively new field, so most software are still in beta, but there are a few reputable industry leaders that are completely worth using.

The kind of SME that wants to use a system like this is forward thinking, technology smart, but not a geek and willing to make a positive change in the way they make money.SME's that offer month subscriptions to a service or offer clients the ability to pay off a big purchase on a recurring basis will enjoy this kind of full service software; allowing them to issue invoices, collect debit orders and reconcile payments all with the tiniest amount of billing staff possible.

Debit order systems are the most effective methods of collecting payments from debtors. With direct debits it is possible to effect payment from your client on your terms. You may even trace their account for a specific amount of tracking days to watch for incoming funds. In conjunction with a good billing system, debit order can be an incredible payment collection method in ensuring the best possible cash flow for your company.

So let's put those administration issues in the past. Get on the web and locate a great web-based billing and payment collection and automation service today. It's as hassle-free as doing a search for "online billing".




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