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Small business urged to get paid at job completion

Announcement posted by Direct Debi Pty Ltd 25 Jan 2016

With small business often the last to get paid industry specialists are urging operators to take payment upon job completion to improve cash flow and business success.


According to Direct Debi Payment Solutions taking payment at job completion can save on average $50 per invoice in administration time.


Working within Australia’s small and medium-sized business community Direct Debi Founder Catherine Batch believes this simple change can positively impact any business.


“Reducing time chasing up bills gives you more time to build the business. The long term benefits to cash flow are invaluable giving business the funds to grow.


Direct Debi’s mobile payment tool enables immediate collection or set up of direct debit improving business profitability by enabling faster payment.



“Chasing up money is expensive. It requires emails, phone calls and in some cases debt collection agencies. Offering clients an automated way to pay significantly cuts down the amount of late or missed payments.


“Either taking the full amount upon completion or creating a payment schedule via direct debit ensures the payment is not forgotten. You are not relying on your clients to remember their outstanding bill,” Ms Batch concluded. 


With the gap between electronic and paper bills narrowing direct debit has seen a sharp increase over the past four years. Direct Debi Payment Solutions is helping Australian businesses slash debtor days - sign up is simple with  accounts available to eligible businesses in 48-hours. 


Direct Debi payment service presents a low cost solution which demystifies the payment collection process by integrating with accounting packages and cloud based software. Clients can also use Direct Debi portal as a standalone customer management system.


To sign up visit Direct Debi http://directdebi.com.au/users/signup_user

 

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