10 Ways E-Billing Increases Efficiency and Lowers Costs

How much time (and money!) does your association staff still spend on tedious billing, payment processing, and manual accounting tasks?

Electronic billing enables staff to streamline their day-to-day tasks, increasing efficiency.

ADVANTAGES OF ELECTRONIC BILLING
For Associations:
  1. SAVES TIME & MONEY
    No need to mail invoices, process individual payments, and cash checks
  2. RETENTION
    Members love it
  3. CASH FLOW
    More predictable business planning
  4. AUTOMATION
    Payment information automatically updates your database
  5. EFFICIENT OPERATIONS
    Fewer collection issues and late bills
For Members:
  1. CONVENIENCE
    Payments are automatic so there is no need to remember when payments are due
  2. REDUCE LATE FEES
    Save money and maintain a good credit score
  3. PREDICTABLE SPENDING
    Spread out payments for big-ticket items
  4. CONTROL
    Confirm balances more easily than with checks
  5. NATURE FRIENDLY
    No paper invoices or receipts save trees
    Improved cash flow

An electronic billing system that integrates with an AMS provides a painless, paper-free accounting system.

Learn more about GrowthZone Pay, with online, real-time, easy-to-use reports for efficient reconciliation. It’s designed exclusively for member-based organizations. It is a game-changer for associations, allowing them to easily process one-time and recurring credit card, debit card, and bank payments!


 

 

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