Sunday, December 9, 2012

Online billing and how to automate your direct debit batches

By Susan Bapsnill


I want my clients to be able to order my products on the internet and then have their monthly fees collected via debit order automatically. Recognize the sound of that? This is what so many other small to medium sized business managers fantasize about; a streamlined, signup, invoicing, payment collection and reconciliation procedure.

Usually fantasies like this are shattered by the idea that web developers charge thousands or even tens of thousands to give your business this ability. And even if you were able to afford the large price tag you would still be burdened with the need to manually and tediously issue invoices and recon payments to client accounts.

We're here to tell you that now is the time to look again! Out in the realms of cyberspace there are a few good web developers who have heard the call of the SME owner and come to their rescue with out-the-box billing and web-based invoicing services that not only automates your billing, but sends and automates debit orders. This is a very new industry, so most software are still in beta, but there are a few tried and tested market leaders that are definitely worth researching.

Thetype of individual that wants to use a service like this is ahead of their time, technology smart, but no nerd and willing to make a serious shift in themanner in which they do business.Companies that offer monthly subscriptions to a service or offer clients the means to pay off a big purchase on a recurring basis will love this kind of full service software; allowing them to make invoices, collect payments and reconcile payments all with the smallest amount of staff members possible.

But making use of an established online billing and direct debit order automation system cut out the need for expensive custom development and the time implementation takes. So do your business a favor, investigate online invoicing software that supply debit order facilities and begin saving time now.




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