Outstanding payments are not rare. According to Deloitte, about 47% of merchants experience late payments. And according to Fundbox, over $3 trillion is owed to U.S. businesses and tied up in accounts receivable. Late payments disrupt cash flow, strain customer relationships, and slow down [...]
Go paperless! You’ve probably seen this message on at least one of your bills or credit card statements. The objective is usually to save trees and reduce negative environmental impact, but that’s not the only way ditching paper invoices can help your business go [...]
According to ACI Worldwide and Aite Group, Americans now pay more than half of their bills online. As that statistic continues to rise, merchants who don’t offer online billing risk becoming obsolete. So what does an online customer payment option look like for NetSuite [...]
Many customers prefer emailed copies of their receipts and invoices rather than hard copies. Papers get lost, crumpled, and cause clutter. Emails are simple, neat, and won’t give you a paper cut when searching through them. Customers aren’t the only ones who benefit from [...]
Emails abide by your schedule. You can respond once the kids go to bed, in between work meetings, or during awkward elevator rides. They’re a convenient and increasingly popular way to communicate. Merchants who email invoices to their customers make their lives and their [...]
Every business must collect payments, but the process eats up valuable time each month. You have to create invoices in Microsoft Dynamics GP, ask for payment (maybe even chase down payments), and, finally, record payments. These steps are often inefficient, frustrating, and unnecessarily stressful. [...]
