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Top 10 Collection Reminders Writing Tips

Gaviti

3) Include all the necessary details Make sure to provide all the necessary details for contact and payment so your customer has all the information they need in the invoice itself. Make sure to have a reminder log, proof or record to offer in the event a customer disputes receiving any prior reminders or being invoiced at all.

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Should I Have a Clearing Account for Every Payment Type?

Emagia

Businesses of all sizes rely on various payment methods to facilitate their operations, whether it’s through credit card payments, checks, wire transfers, or online platforms. But the question arises: Should I have a clearing account for every payment type?

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Accelerate Collection of Receivables: Strategies to Streamline Invoice to Cash

Gaviti

Add the PO number if there is one to the invoice and check the instructions on the PO.contrat to make sure that the invoice is recorded by your client and added to the payment queue. If possible, offer multiple payment options to make it easier on your customer.

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Adyen vs. Stripe: 2020 Comparison Review

Fundera

Additionally, some reviewers mention that Adyen is not ideal for smaller businesses with a low volume of transactions, as it can be expensive, especially considering the minimum monthly invoice amount.

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Are Customers Using Your Company as a Bank?

Your Virtual Credit Manager

Making Partial Payments: Customers sometimes pay less than the full invoice amount, ostensibly due to cash flow problems. Customers willing to pay, but who are regularly unable to do so in full by the due date, should be charged late fees or put on a formal payment plan that includes interest charges.