Summary: Choosing the right small business payment options is essential to your company’s health and survival. Many small organizations suffer from late or unpaid invoices, which impacts cash on hand and other basic company operations. Many companies are diversifying their payment channels and methods for more choice and faster payment capture. Common online payment options for small business include: Both …

Is your company struggling to get customers to sign contracts or make payments in a timely manner? Digital engagement is the key to more signed contracts, closed deals, and completed payments. A solid digital engagement plan: Encourages higher response rates from the requests you send by using email and SMS channels. Speeds up interactions, from esignatures and document delivery to …

In debt collection, the root to higher payments and more success closing accounts is helping consumers solve their problems. If you don’t know the struggles they face, however, you can’t achieve this goal. Understanding the digital customer journey consumers take during their payment experience can help your agency understand where you’re succeeding and – more importantly – where potential payments …

Consumer preferences have changed. Most people want the fastest, easiest way to interact with your company – that means paper statements and telephone calls shouldn’t be your only way to engage with customers. Allowing consumers to pay by text is an excellent tool to reach consumers, boost engagement numbers and ultimately collect more payments on time.Use Cases For Text Messaging …

There’s nothing more frustrating than customers failing to pay you on time for goods or services you’ve already provided. Fortunately, emerging technology options and methods of payment can shorten the average number of days it takes to collect a bill. Adopting omnichannel payment methods makes it easy for everyone to pay the way they prefer, from younger digital natives who …