What are the additional benefits that I can expect by using automated payments in my business ?
Automated payments can be a key factor in building a financially stable business. Once you see the advantages, you will be highly motivated to promote automated payments within your business. • Reduced Delinquencies. With traditional billing methods such as statements, coupon books, or “remember” payments, your company can experience high delinquencies. These are a result of customers paying their bill “when they get around to it.” When their bill is set up as an automatic payment, that bill gets paid on time, which means YOU get paid on time. • Continual Renewals. Automated payments will increase customer retention. Your customers do not have to make the decision to pay each month. Business revenues will continue to stay high even during times when income may be typically slow. • Improved Cash Flow. Imagine what your business would be like if every one of your customers payments was deposited in your bank account on the day it was due. Stop wasting valuable time and money and start co
