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Online
payment systems go beyond Electronic Funds
Transfer. Inovium Electronic Funds offers
you a lot more than simply transferring
funds electronically, by making it easy for
you to automate your entire accounts
receivable process. For example, you can
automatically send messages to customers
that meet certain criteria, such as having a
balance outstanding for more than 30 days.
This makes it easy to automatically send
gentle reminder messages to all customers
whose balances exceed 30 days and to send a
sterner notice to those over 60 days. The
screen above shows the process of sending
these emails and illustrates the options
that let you send different messages to
different customers depending on their
payment situation.
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You
can review your customer transaction history
and payables balance at any time. You, or
others to whom you provide access, can work
from anywhere as long as they have access to
a web browser. Amazingly, there's no charge
for any of these services. Companies have
the option to charge their customers a small
service fee for the convenience of making
online payments. By the same token, they can
provide their customers with the opportunity
to save money by automating their own
payment process and pay regularly. The
screen lets you view a history of invoices,
payments, returns and other transactions.
Contact us for further
information |
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