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Another way to address this is to use a paymentportal with many different payment options, allowing the customer to choose the payment method most comfortable for them without requiring any extra work from you. Have a paymentportal. Want to see if we would be a good fit for your company?
You can hyperlink additional information in electronic communication, such as an email address, a phone number, or a link to an online paymentportal. How Can You Use Templates To Collect Invoices Outstanding for Payment? Book your live demo to see what Gaviti can do for your business.
Automate the matching of invoices to payments, eliminating human error involved with manual matching and accelerating the bank reconciliation process. When customers make payments using an automated A/R solutions customer paymentportal, it also matches customer payment with the corresponding invoice with increased accuracy.
Take a page from the marketing team’s book. Provide clear and easy-to-follow instructions on how to pay the invoice, including links to online paymentportals or contact information for the accounts receivable team. But how can you ensure that you are using the most effective workflow possible?
But if the amount is not applied to an invoice or deducted from their total outstanding balance, this can lead to a negative account balance in your books. Premature Debt Write-Offs Your accountant might record a payment as a write-off if they believe the customer will not be able to pay off the debt. Book a demo to find out.
Contact us today or book a demo to learn how Gaviti can help your company improve your DSO and accounts receivable process! We take care of many of the cumbersome and difficult manual collection tasks, helping a wide range of businesses with A/R optimization.
Ensure accurate invoice reconciliation through multiple banks with Gaviti’s customer paymentportal. Want to learn more about how you can reduce late payments from your customers? Contact us and book a demo today. The post 5 Methods to Reduce Late Payments appeared first on Gaviti. Cash Application.
Ensure accurate invoice reconciliation through multiple banks with Gaviti’s customer paymentportal. Want to learn more about how you can reduce late payments from your customers? Contact us and book a demo today. The post 5 Methods to Reduce Late Payments appeared first on Gaviti. Cash Application.
It also enables you to easily filter and view invoices according to each customer, number of disputes, or as an aggregated view of all invoices and manage their payment within the paymentportal. Contact us for more information and book your demo today.
How accounting can help with customer retention Accounting isn’t just about keeping books in balance; it can also offer invaluable insights and strategies when it comes to customer retention.
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