Wednesday, August 8, 2007

Better ways to get paid

Whether you sell cogs, lumber, limestone slabs or key lime pies, somehow you need to collect payment for your products. For most businesses that sell to other businesses paper checks have been the preferred method of payment. That makes sense as until recently, paper checks were the best of only a few options.

However, these days technology is opening more and more doors for business owners looking to cut costs and streamline work flows. Web based "virtual terminal" systems are rapidly replacing hardware payment devices and electronic check transactions are replacing paper checks as the preferred method of payment. Collecting payment is getting faster, more intuitive and, in some cases, less expensive.

With the right virtual terminal you can:
1. Offer more convenient methods of payment to your customers
2. Handle all incoming and outgoing payments eliminating the need for paper checks altogether
3. Reduce overall payment processing costs by converting credit sales to electronic checks!
4. Key in AND swipe transactions
5. Store customer data / export to Excel and/or Quick Books
6. Perform easy email invoicing.
7. Set up recurring payment plans for you customers
8. Perform decisioning to offer your customers in-store credit

The list goes on. The great news is, despite the amazing level of functionality that these systems provide, you don't have to spend a lot of money to get set up. In fact, we provide just such a solution and it's less expensive than most hardware options!

This system has proven extremely effective for
  • Doctor's offices
  • Veterinary clinics
  • Business to Business sales
  • Tanning salons
  • Membership organizations
  • Subscription based sales
  • Tupperware / Avon parties (remember, it's web based and accessible anywhere)
  • Property management companies

This system could be exactly what you need! Contact me for a demo and find out for yourself!