Owning and operating a small business can be challenging. There are so many moving parts, and you need to make sure every department is running as smoothly as possible. Even if all the wheels are spinning in the right direction, you still have to factor in the parts you can’t control, like getting paid quickly and efficiently.
The fact is, 79% of business owners can’t pay themselves due to late payments, according to Fundbox. If small businesses got paid for all unpaid invoices at once, they’d each be able to pay themselves about $40,000!
Collecting payments from customers isn’t always a timely process. If you’re still managing your invoicing with paper, making the switch to email payments can save you time and help you get paid faster. With email payments, customers can pay you from any device with the click of a button. Here are four benefits of accepting email payments through your ERP software.