Online billing and how to automate your direct debit batches
I want my clients to be able to sign up for my products online and then have their monthly fees collected via debit order automatically. Sound familiar? This is what countless other SME business managers fantasize about; a streamlined, signup, billing, payment collection and reconciliation process.
The more sharp among us will also worry about recon logistics. Who will monitor orders and payments? Who will link the two together and how much time will it take to manually match up payments in your bank account to your list of customers and the products they ordered?
Well, worry no longer. There are a handful of clever web developers who have copped onto the increasing desire for SME debit batch automation. This has resulted in the development of several debit order automation, billing and invoicing systems. Some of which are still in beta, so use I not recommended, but some are already tried and tested systems that will allow your small business to get the benefits of large enterprise billing automation without the exorbitant price tag.
We can have a look at the type of business that will benefit from this kind of service. Think of an insurance brokerage. They have 1000's of customers who need to be billed very month for various different insurance services. Trying to manually oversee and co-ordinate debits for each of these clients will be an admin nightmare. Placing differing invoice amounts for extra policy members and sending payments though 1 or more banks can become complicated and take large amounts of staff and a lot of time.
So let's leave those co-ordination problems in the past. Get online and find a reputable web-based billing and payment collection and automation service today. It's as easy as doing a search for "web-based billing".
The more sharp among us will also worry about recon logistics. Who will monitor orders and payments? Who will link the two together and how much time will it take to manually match up payments in your bank account to your list of customers and the products they ordered?
Well, worry no longer. There are a handful of clever web developers who have copped onto the increasing desire for SME debit batch automation. This has resulted in the development of several debit order automation, billing and invoicing systems. Some of which are still in beta, so use I not recommended, but some are already tried and tested systems that will allow your small business to get the benefits of large enterprise billing automation without the exorbitant price tag.
We can have a look at the type of business that will benefit from this kind of service. Think of an insurance brokerage. They have 1000's of customers who need to be billed very month for various different insurance services. Trying to manually oversee and co-ordinate debits for each of these clients will be an admin nightmare. Placing differing invoice amounts for extra policy members and sending payments though 1 or more banks can become complicated and take large amounts of staff and a lot of time.
So let's leave those co-ordination problems in the past. Get online and find a reputable web-based billing and payment collection and automation service today. It's as easy as doing a search for "web-based billing".
About the Author:
Learn more about online invoicing today. Stop by Susan Bapsnill's site where you can find out all about her billing system and what it can do for you.