SmartPay is excited to announce the addition of a discounting
feature to their electronic bill presentment and payment system. The
feature allows companies to add incentives to customers that pay their
bills in a timely manner.
SmartPay gives businesses the ability to send large batches of
invoices and statements to customers, as well as receive payments,
electronically while integrating with back office accounting systems.
With the addition of the discounting feature, businesses can easily
offer discounting incentives like 2/10 Net 30. This means customers are
awarded a 2% discount if they pay their invoice within 10 days,
otherwise they must pay the full amount within 30 days.
The SmartPay system automatically tracks the date of the payment due
and displays the discounted amount owed if the person making the payment
logs in to make the payment within the discount time period set. If a
customer logs in after the discount period set forth, the full amount
owed will be displayed.
It is clear that SmartPay continues to improve and adapt the system
to create a great experience for both businesses and customers that
SmartPay is a powerful, flexible, enterprise-level online billing
system designed to save your business time and money. SmartPay is a
Cloud Based Electronic Bill Presentment and Payment Sass Solution
suitable for medium to large businesses. It allows an increase in cash
flow by sending large batches of invoices and statements electronically
while increasing accuracy and customer satisfaction by allowing
customers to pay online easily and securely.