Have you been wondering what sorts of benefits your company would get out of invoice reminders? Maybe electronic invoicing is new to you, or perhaps you already use it to outsource some of your financials and are unsure of how to implement reminders? Are you worried about the effect of how these prompts will affect your existing customer relationships?
Invoice reminders are sets of automated reminders which can be used in lieu of more traditional and costly methods of collection. They allow for customization and give you control over how often they are sent out, and to whom. Invoice reminders give you the freedom to gain back hours in your working day by relieving you of this often delicate task. Here are some of the reasons we love invoice reminders, and why you should, too!
Ease of use. It takes a long time to compose and send invoice reminders. If you’re doing them manually, you have to carefully input customer and company data, input accurate billing information, and choose the correct tone for the best chance at collection. With an automated reminder service, simply set and forget. Add all relevant information to your outgoing reminders, set up the intervals you would like relative to your invoice due dates, and your software will do the work for you! No more awkward phone call follow-ups, or complicated letters which are sporadic and difficult to write. And unlike these old-fashioned methods of payment reminders, the automated emails cease the moment your client pays–it couldn’t be easier.
Customizable templates. No more set templates which often have no relevance to your company brand (or even the 21st century). With an automated service, you can create your own invoices. Customize your own reminders or use the pre-written ones (which are editable as well), and add your customer data and company information like logo and signature quickly and easily. Pop in the client name and address, amounts owing, and due date to ensure that all of the relevant information is contained within your personal invoices, each and every time.
Reminder emails. By setting up invoice reminders, you can continually remind your customers when their due dates are approaching. Invoice reminder emails are set up so that your customers will receive reminders in a manner that is always courteous and efficient, and the automatic interval spacing establishes professional boundaries between your company and clients. You can also access reminder sets, which are groups of emails that can be sent at specific times and are relative to your invoice due date. Set your own frequency, and even attach your reminder sets to single or multiple invoices, which allows even greater ease of use and flexibility.
Get paid faster– Reducing collection time is easy with invoice reminders. Not only will your customers have access to reminders throughout the billing process, but by adding in optional integrations like Stripe or other online payment platform to your invoices, processing payments becomes a breeze. You won’t need any extra set-up to add these features, and will be able to process your payments easily and quickly. Your customers will have a link with instant access to a payment method which is direct, safe, and available 24/7. The payment link you’ve added to your invoice simply gets clicked to take your clients to a secure platform to enter their credit card information and pay their invoice from anywhere. And the moment an invoice is paid is the same moment your invoice reminders will stop–with a continually monitored service, your automated reminders will know before you do that a bill is settled.
Let invoice reminders work for you while you do other things, like promoting your company and increasing profits. Save time which would otherwise be spent chasing late invoices, or writing out endless and repetitive reminders manually. Maintain your relationships with valued customers, and get paid faster. Invoice Tracker is an add-on to your accounting software which connects in just four clicks and enables faster invoice payments, email and invoice reminders, and reporting insights so you can focus on growing your business. Add on Invoice Tracker to QuickBooks, Xero or Time Tracker by eBillity with our free, 30 day trial. No credit card required.