Consider the impact of automating your invoice and billing process with Chesapeake Payment Systems (CPS) to improve your cash flow and save time.
Invoicing:
Our CPS team works with a variety of providers and platforms to bring you the best in payment solutions. Invoicing and recurring billing can work in tandem with your existing merchant services equipment, or they can operate as a stand-alone service. Depending on the features you need, the cost is as little as $20-$30 per month, and you can be up and running in just two days.
Other benefits include:
Reduce time taking payments over the phone and via mail when customers pay by link
Receive payments faster, even when your office is closed
Make keeping PCI Compliance easier by eliminating touchpoints
Strengthen your marketing efforts with branded emails
Make recordkeeping easier with enhanced reporting
How it works:
Your team can initiate an invoice through any device or browser. You can send an email with your logo and contact information to the customer with the payment details link. The link takes the customer to a secure site to make the payment via card or ACH.
If you provide estimates, our invoice system offers a workflow that allows you to send a quote. Once the customer approves it, it converts to a statement of work. An invoice is sent when the work is completed.
You and the customer will be able to distinguish between invoices that are awaiting payment, have been partially paid, or are paid in full.
The versatility of custom payment forms and links:
What’s even more exciting is that you can set up multiple payment forms for different needs with the collect checkout feature.
As an example, a non-profit organization might accept dues, collect donations, and offer a store selling products. You can create forms to track each collection separately. Each form has a unique link that you can share, or you can add a payment option to the site with a link or button. When the customer clicks this option, they can choose where to allocate the funds.
Recurring Billing:
Take invoicing a step further with recurring billing, giving your customer the “save card on file” option. It also allows you to set up subscription services, automate monthly payment plans and installments, set terms, and charge until the product or service is cancelled.
Summarizing:
As a business owner, you know how long it can take to send an invoice in the mail, then wait to receive the payment from the customer, and then take the deposit to the bank.
By automating this process, you eliminate these steps, save time, and make it easier for your customer to pay you. This means you get paid faster.
