Recurring Billing Bloomfield Hills MI

Once you begin researching the various recurring billing companies, you'll soon realize that the most obvious benefit of automated recurring billing is the time that is saved. Traditional billing methods involve a lot of paper, postage, data entry, accounting knowledge, and above all time to perform all these tasks. This is a lot of work when you are charging a client the same fees every month. Recurring billing allows you to set up a client's account and forget about it, so to speak. When it is time for the client to be billed, he or she is notified via email. There is not even a need for you to login and issue the statement; the billing system just knows its time and sends the invoice. Furthermore, some people may be considering a software-invoicing product instead of a web-based invoicing system. However, when you look at software versus web-based recurring billing, you will see that the software involves time to set up, purchase, install, and maintain down the road with timely downloadable updates. With web-based automated recurring billing, you can be up and running in a matter of minutes.

The second most obvious point you may see when researching recurring billing systems is that there is no doubt about the cost saving benefits. Again, if you were to compare software versus a web-based automated recurring billing system, then you will notice that first off you must purchase the software. Secondly, you must install it, spend time setting it up, and finally you'll have to maintain it. Consider the time spent doing this, and then consider what that time means in terms of money. Also, when considering the cost saving aspect of web-based recurring billing, you should know that recurring billing starts at $14.95 per month for the most basic plan. Thus, for a mere $14.95 per month you can forget about paper bills and data entry because it is taken care of for you. This allows your employees to spend time doing something else that may be more important. Finally, consider how many bills you mail out per month. The postage from this alone can really add up, and unfortunately the cost of postage keeps going up. Automated recurring billing eliminates the need for postage, and therefore allows you to spend that money elsewhere.

With web-based invoicing systems, customers can view their accounts and print invoices twenty-four hours a day, seven days a week. This customer convenience is also a benefit for you, because you no longer have to worry about replacing a lost invoice. Furthermore, thanks to the high-level of security that web-based invoicing systems offer, both you and your client can view the past payment history and download any past invoices. This security safeguards the customer's financial information such as credit card information. The ability to securely hold a customer's credit card information enables some web-based invoicing systems to automatically charge a customer's credit card each billing cycle. Not only does the customer have one less thing to worry about, you do not have to worry about late payments. Your customers will also enjoy the real-time processing abilities of web-based recurring billing. This real-time processing means that when the bill is paid and the credit card is charged, the payment and the charge show up almost immediately. If you compare this to software invoicing products, you will always have to replace lost invoices, resend old invoices if the customer requests them, and only you can view their account. Also, customers will not have the feature of real-time processing since they will need to mail in a payment.