Monday, August 19, 2013

Online Billing And How To Automate Your Direct Debit Batches

By Susan Bapsnill


As a small to medium size company proprietor you have probably thought about having your clients signup for your services and products in a professional seamless online ordering process. Part of this seamless sign up procedure is the collection of recurring fees via automated hassle-free debit batch. Unfortunately the debit order fantasy bubble tends to pop for most small to medium size business owners when they realize the fees involved with designing a system like that mentioned above.

The happy idea also begins to turn into an issue when you realize that invoicing for all these accounts as well as payment reconciliation will have to be performed manually. Can you say hundreds of hours? This is the motivation why most SMEs think this type of billing is not cost effective and won't meet the requirements of their particular flavor of business.

We're here to tell your business that now is the time to look again! Out in the world of cyberspace there are a few good men who have heard the call of the SME owner and come to their aid with out-the-box billing and web-based invoicing software that not only automates your invoicing, but submits and automates debit orders. This is a relatively new industry, so most systems are still in beta, but there are a few professional industry leaders that are definitely worth using.

The kind of person who wants to use a service like this is open minded, technology savvy, but not a geek and ready to make a positive change in themanner in which they make money. Businesses that offer month subscriptions to a service or give clients the ability to pay off a large purchase on a recurring basis will enjoy this kind of full service system; allowing them to send invoices, collect debit orders and reconcile accounts all with the smallest amount of staff members conceivable.

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

So let's put those administration nightmares in the past. Get on the web and locate a professional online invoicing and debit order collection and automation system today. It's as simple as conducting a search for "online invoicing".




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