Product Spotlight: Customer Payment Portal
When it comes to receivables, the quicker and easier it is for customers to make payments, the faster the merchant will get paid. One great way to improve the bill paying process for customers is to give them access to a payment portal where they can view and pay their outstanding invoices. Online payment portals offer customers 24/7 access to their account and give them the ability to manage their payment information and make payments on their own.
Product Updates: Spring 2021
Our Spring 2021 updates are here for our integrated electronic payment processing software. These enhancements focus on flexible payment options and support for the latest versions of Microsoft Dynamics. Below is a list of some of the main new features.
Why Flexible Payment Options Are a Must for Businesses
As a company who already accepts payments from your customers, you might be asking yourself what effect offering more than one way to pay will have on your business. The truth is, flexible payment options benefit not only the customer but also the merchant.
Feature Spotlight: Payment Reminders
On average, 14.7 percent of B2B receivables are overdue and the days sales outstanding (DSO) average has increased from 39.7 days to 42.6 days for B2B businesses in 20201. One of the biggest reasons for overdue payments is that companies fail to follow up with customers in a timely manner. Unfortunately, a lot of companies […]
Product Updates – Winter 2021
Our Winter 2021 product updates are on the way! These enhancements focus on additional payment options to give companies more flexibility with their payment acceptance process. Below is a list of some of the main new features. PayFabric Receivables Description: Receivables management and customer payment portal. New Features Summary Invoice Type Management – A new […]
What to Expect in B2B Payment Trends in 2021
American Express has outlined the top five business-to-business (B2B) payment trends to watch for in 2021. The trends include topics such as eCommerce and security, along with ways to improve overall cash flow and the relationship between the buyer and seller. Although these trends can be partially attributed to the normal changing of technology and […]
GP Optimizer Live Winter 2021
2020 has taught us a lot about our businesses, our day-to-day processes, and areas where we might need to improve. What better way to start planning for 2021 than by joining some of the most influential people in the GP channel as we discuss ways to better enhance our Microsoft Dynamics GP investment? Your favorite […]
How the Pandemic has Shaped Digital Payment Adoption
One of the biggest struggles for businesses in 2020 has been how to continue to generate and collect revenue while the world has been working remotely. With all of the sudden change in how consumers are able to make purchases, companies have had to act quickly to stay up and running. In 2020, companies who […]
Hassle-Free Payment Data Migration
Hassle-Free Payment Data Migration Switching your payment provider has never been easier Migrating your payment data (your customers’ saved credit cards and banking account details) from one payment provider to another can be daunting. Data migration in general is seen as a risky procedure, and businesses aim to avoid it in fear of losing or […]
Product Spotlight – PayLink
It’s time to stop hassling with paper checks and collecting credit cards over the phone. Speed up your collections process by offering your customers a quick and secure way to send payment information. PayFabric PayLink is a secure hyperlink that can be sent to your customers via email or text message to collect and process […]