HOW TO SHORTEN PAYMENT TIMES WITH AUTOMATED ACCOUNTS RECEIVABLE EMAILS
Email has become one of the most prominent forms of communications between businesses. It’s instant and allows for work to get done much more quickly. Despite this being our number one form of communication, for some reason accounts receivable departments aren’t using email addresses to send customers invoices or payment reminders. They still only have a physical address for their contacts, meaning they have to send these invoices through the mail or via fax. This makes the customer wait longer to receive the invoice or reminder, which means you have to wait longer for payment.
In this whitepaper, we cover why sending invoices, payment reminders, collection letters and other important documents via email is more effective, how you can push your customers to start using email for accounts receivable, the ROI of using automated email for accounts receivable and a template letter to send to your customers when you’re ready to make the switch to strictly email communications for letter sending.
You need to login to view the rest of the content. Please Login. Not a Member? Join Us
There are many steps that go into finalizing the sale of a product or service; there is pricing, then quote creation, negotiation, approvals, and contract and order management. Once all of the work is done to complete each of those steps, the sale is complete… at least as far as your sales team is concerned. […]
PayStream Advisors, a financial research and advisory firm, conducted a study to better understand the order to cash cycle. In it, they discovered what are some of the most common challenges facing collection departments and effecting the order to cash cycle. When 80 percent of revenue is coming from only 20 percent of customers, you […]
WHAT WE DO
Anytime Collect is a leading CLOUD-BASED accounts receivable software. Made specifically for businesses selling on credit terms, Anytime Collect AUTOMATES invoice dispute management, cash forecasting, customer communications, invoice presentment, online bill pay and credit management. The entire collections process becomes QUICKER AND EASIER.