Increase cash flow with automated payment reminders
While sending invoices and tracking down payment are critical to cashflow, they’re also tedious, time-consuming tasks that are often put off until tomorrow. But when invoices go unpaid, it can quickly create serious cash flow issues. Fortunately, there’s an easy solution that can work for any small business: automated payment reminders.
With automated reminders, your customers will automatically receive an email or text at certain intervals, reminding them to pay their open invoice. Because automated payment reminders need no human intervention, you and your staff are free to work on more high-value tasks. Your busy customers will appreciate the nudge. And because customers are more likely to pay after receiving a reminder, you can count on a positive bump in your cashflow.
Automated payment reminders work best when combined with automated online invoicing and other tools like marketing automation for small business. That’s exactly what you get with Thryv, a do-it-all platform for managing virtually every aspect of your business from a single dashboard.
Benefits of automated payment reminders
With automated payment reminders, the benefits are clear and persuasive.
Lower costs
Sending payment reminders via email and text is a lot cheaper than reminders sent through the mail. You’ll save on the cost of printing, paper, envelopes and postage as well as the time you’d otherwise spend sending reminders and making phone calls.
Accelerated cash flow
Because automated payment reminders are sent electronically, customers receive them right away rather than days later through the mail. Additionally, when you offer online payment options, they can pay immediately, further accelerating your cashflow.
Customer satisfaction
Most customers want to pay their bills on time and appreciate the convenience of getting a reminder and having options to pay online.
Stronger customer relationships
When you make automated payment reminders part of an ongoing campaign to communicate with customers, you can nurture relationships in ways that leads to higher customer loyalty and opportunities to increase the value of each customer transaction.
Thryv: seriously powerful invoicing and payment solutions
Thryv offers an end-to-end platform with comprehensive tools for managing your business. From building an online presence and managing your reputation to streamlining communications with small business marketing automation, the Thryv platform delivers everything you need to win customers, organize work, get paid faster and promote your business online.
Thryv offers automated payment reminders as part of an easy-to-use online invoicing and payments solution. With Thryv, you can:
- Create interactive estimates, quotes and invoices that customers can view, approve and pay on any device.
- Set up automated payment reminders to automatically follow up with each customer and keep cash flowing.
- Use Thryv’s templates to create more professional-looking invoices.
- Send digital receipts that automatically prompt customers to review their experience with your business online.
- Accept online payments via credit card, ACH, mobile wallets and more.
- Set up automated memberships and packages to generate recurring revenue streams.
More tools to manage your business
Along with automated payment reminders and online invoicing, Thryv offers additional solutions for building stronger relationships with customers.
Automate your marketing
Email marketing automation software helps you create trigger-based marketing campaigns that deliver personalized messages to the right customers at the ideal time – with minimal effort required from you and your team. Thryv’s marketing automation tools for small business also include automated text message marketing for reminding customers about appointments, requesting reviews and issuing receipts.
Simplify social media
Connect your Twitter, Facebook, Instagram and LinkedIn accounts so you can manage and publish content from one location. Consult a massive library of pre-built posts to produce content quickly, even when you’re short on ideas. Create posts in advance on the channels you choose and let Thryv post them at the best time to maximize visibility.
Nurture prospects, leads and customers
Thryv’s customer relationship management (CRM) solution centralizes all your customer data so you can find, filter, tag and track your contacts how you want. Set up nurture campaigns to stay in regular contact and to win more new customers and repeat business.
Manage your online reputation
Thryv helps you automatically request reviews from customers at the most opportune times and notifies you as soon as they post comments online. With help from Thryv, you can reply to reviews within one business day – even when you are too busy to do it yourself.
Give customers convenient access
Thryv’s online portal solution provides a secure location where customers can log in to share documents, schedule appointments, make payments or send messages.
Get a professional website
Let Thryv’s in-house designers create a website with professional copy and design and compelling calls to action. Our team will even optimize your site to keep your business as visible as possible with top search engines.
Manage documents easily
Online file storage and sharing capabilities let you securely request, store and share documents directly with your contacts, collaboratively editing documents online while Thryv keeps track of changes and the most recent version.
Schedule appointments online
Scheduling software for appointments lets your customers request or book their own appointments online, minimizing the time your staff needs to spend on the phone. Automated reminders help reduce no-shows.
Why choose Thryv?
The Thryv platform delivers tools that help small businesses stay organized and manage their workloads more efficiently. You can access the Thryv platform anytime, anywhere, on any Internet-connected device. That means you’ll always have the tools you need to manage your business at your fingertips.
Thryv lets you log in once and gain access to everything you need to manage your day-to-day activity, rather than needing to constantly login to a variety of platforms and applications. Thryv integrates easily with your existing tools, so you won’t have to give up the solutions you know to take advantage of Thryv’s software. And with unlimited 24/7 support, you’ll always have access to Thryv experts who have both business knowledge and technical expertise.
With over 20 customizations for specific industries and a fully mobile interface, Thryv gives small business owners access to the kind of software that’s usually reserved for bigger businesses. Whether you’re seeking invoicing solutions for your roofing company, marketing software for your chiropractic practice, a CRM system for your law firm or social media tools for your fitness studio, you’ll find easy-to-use solutions on the Thryv platform that will transform your business.
