Struggling with unpaid invoices? Are you looking for a way to speed payments and incentivize your clients to pay on time?
Being paid on time equals improved cash flow. This is common knowledge, but how can you make it easier for those in receipt of your services to pay outstanding fees, so that your business reaps the benefits? After all, in the UK in January, average e-commerce weekly sales were at a staggering £1.2 million–a figure that is steadily increasing. We at Invoice Tracker have partnered with Stripe to assist you in this process. But what is Stripe, and how can their services help the cash flow in your business?
Identifying the need for easier online, electronic payment service, two brothers from Ireland started up Stripe in 2010–a tech company whose software allows businesses to receive payments safely online. This method has been outrageously popular, with the company valued at 9.2 billion dollars as of 2018, and used by more than 100,000 companies worldwide. Stripe’s services include billing product for businesses based online, so that companies can manage recurring subscriptions for revenue and invoicing. This platform makes it easy for your customers, allowing for instant payment 24/7. They can utilize the recurring payment cycle as well, so that payments are taken automatically and on time.
Similar to PayPal, Stripe has more features but lower fees. Handling billions of dollars annually, all from internet transactions means that half of Americans have likely used Stripe’s services in the past year if they have paid for a service online.
Stripe is free–it takes a cut (industry standard) from each and every transaction, and gives volume discounts. Just seven lines of code means you can drop it into your own website and start using it for payments. You can certainly understand why millions of businesses in more than 100 countries and across industries have used Stripe’s geniusly simple product. The company now has 9 offices worldwide, and hundreds of employees. With powerful tools and security, this product will help your outstanding payments get paid more effectively, and give your customers a fast, easy, and secure way to pay.
If you’re still not convinced, check out the review of Stripe from Merchant Maverick, who writes “There’s a lot to love about Stripe, that’s for sure: It’s powerful, easy to use, and chock-full of features.” This review underlines for the user the absolute ease of online transactions when companies are using Stripe, and how the system’s documentation and development features are exceeding almost every other similar platform.
Stripe’s features include accounting integration, customizable checkout, security, and international support (operating out of 25 countries worldwide, and supporting almost all mainstream payment options).
Utilize the integrations of Invoice Tracker with your accounting software, such as QuickBooks, and take advantage of the inclusion of Stripe’s services to get paid fast. Simply add a payment link to each invoice created with Invoice Tracker to speed up your outstanding payments easily and securely. Start your free, 30 day trial today.