Nobody likes to get paid late. Chasing after customers for payments can feel awkward and takes time that you could be spending on other things. Plus, late payments have a negative impact on your cash flow.
Getting paid on time and maintaining a healthy cash flow is how a business survives. After all, it takes money to keep the doors open, employees paid and the lights on. According to a recent survey*, 62% of small businesses don’t think they could survive more than three months if their outstanding invoices were left unpaid.
Tired of chasing unpaid invoices? Picture faster payments for your business, then make positive cash flow happen with online software from Xero.
Get invoices paid in an instant
Easily turn quotes into invoices and send them from your phone. The Xero app lets you invoice as soon as the job’s done, wherever you are. Xero lets your customers pay invoices online in just a few clicks. Email invoices link directly to PayPal’s secure portal for prompt payment.
The easier the payment method is the quicker your customers are most likely to pay you. Bringing a great experience to your customers from beginning to end should be a high priority for every business. A difficult or technical payment process will only encourage those who owe you to put it off for longer. So if their preference is to use Stripe or PayPal, then why not let them!
Adding payment services directly to your Xero online invoices gives your customers more ways to pay you. Xero data shows that customers with a ‘Pay Now’ button to take credit card payment with Stripe or via Paypal can get paid up to twice as fast as invoices without a payment option.
Make invoices chase themselves
Xero does the chasing for you with automated invoice reminders. Customisation is easy and you decide when any reminders are sent.
Make it easy for your customers to pay you. It’s a win win! Your customers are more likely to have a great buying experience from start to finish and you get to see your money sooner.
Being a Xero partner since 2012, Robinson & Co have the knowledge and expertise to help you get the most out of using Xero to help you create a slicker, more streamlined business with better cash flow and happier customers.