USING AUTOMATED EMAIL TO IMPROVE ACCOUNTS RECEIVABLE
Automated email is used in a variety of industries. Almost every business today is using auto-generated emails to send marketing information to customers. Those pesky emails that build up in your inbox letting you know about a new deal or sale? Those were automated emails sent to hundreds, or even thousands, of potential customers. However, auto-emails aren’t just for spammy email, but can be extremely useful for accounts receivable purposes.
In general, most collection emails take 3 to 5 minutes to craft. Each individual customer’s information has to be researched, invoice numbers have to be checked and then the actual email has to be typed out. If this collection email has to go to one hundred customers, that would be an entire day’s work. Automating these emails instead gets rid of the manual researching and work, which makes the process much easier and quicker.
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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.
MSPARK is a privately held national provider of direct mail, analytics, and digital marketing services. With over 4,000 customers, access to more than 22 million U.S households and with 98% household penetration in non-metro geographies, MSPARK is highly competitive and rapidly growing. MSPARK sends out thousands of invoices each month and must collect millions of […]
Everyone loves a good urban legend or story but when it comes to collecting the money owed to your company, don’t fall victim to these popular accounts receivable management myths. MYTH #1: MY ERP OR ACCOUNTING SYSTEM HAS EVERYTHING I NEED FOR ACCOUNTS RECEIVABLE MANAGEMENT While your ERP or accounting system might have an accounts […]