Your Invoices Must Have Payments Links For Your Business To Survive

To stay in business, use invoices that allow people to pay directly rather than static pdfs with no payment link

Pierre DeBois

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Invoicing systems like Quickbooks accept various forms of payment, including Apple Pay. To do this, they need a payment link. As a business a payment link means a payment can come faster into your business accounts.

Many times people send an invoice where it correctly states the amount due and for what services are being issued as well as the usual contact information. But some people send invoices as a PDF without having any payment links within the invoice to let someone pay right then and there. This is a major mistake.

A PDF with no payment link in it is no different than a piece of paper. It creates an extra manual step — contacting the client to complete payment. The missing link creates extra work in the business to actually receive the payment. This inefficiency may not matter if you need a chance to upsell a service, or gain feedback. But many times people open their invoice pdfs on a smartphone or tablet, on the go, and where they have access to a digital wallet. This means they can pay much more quickly than someone who has to pull out a card from a purse or wallet, contact your business while seated at a desktop computer, read the card numbers to a customer service agent over the phone or through a chat, and then pay.

Having the links makes it extremely easy for customers to turn around and pay their invoices providing you the business owner with a faster cash flow and resolving sales quickly rather than waiting which creates delays. These delays from customers accumulate into longer processing times and slow down your ability to pay vendors and employees.

Just about every invoice system has payment links ranging from Stripe to invoicing services like FreshBooks and QuickBooks.

Moreover, these systems have reporting charts that can display how long payment took to process between when the invoice was sent and when the payment was received this can also help your business understand the speed at which you generate revenue and cash flow. It is an unfortunate decision to use any invoices where there are just no payment links of any sort.

Finally, these invoices also provide reminders of what types of payments are acceptable. That can help your customers feel a sigh of relief that they can use Apple Pay…

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Pierre DeBois

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