Download a complimentary copy of our recent technology report for the collections space! 2017 ARM Survey Report

+

BillingTree: Trusted Leader in Receivable Management Services

If your company has a receivables management services department, it’s essential to have the technology and tools you need to make sure this aspect of your business is running efficiently. The main focus of the receivables management or accounts receivable department is to both provide and maintain trade credit that is given to customers.

 

The collections field is quite competitive these days, whether your company focuses on financial services or the management of accounts receivable. This is one of the main reasons that several business owners and managers are looking for programs that will make their companies stand out in a positive way, and are searching for efficient and updated payment processing technology systems. These systems should offer quick payment processing and technological compliance so that you can run your business more efficiently.

 

The payment process technology that businesses rely on is also changing rapidly and could help you raise the rate at which you collect debts from customers. These new technologies are created on a nearly daily basis, and allow you to build more productive and positive relationships with the companies and individuals you do business with, which will boost your profits and make your company more productive overall.

 

Using the latest technology

 

When you use the latest and most innovative accounts receivable technology, you’ll be increasing the transparency between your business and your customers. You can provide your customers with access to all the information associated with their accounts, such as phone calls that have been recorded, as well as payment records and notes made by members of your collection team. When your business is forthcoming with this information, you’ll build trust with those who do business with you, which can help your company to make a lasting impression. You can also take advantage of voice technology, which can serve as the next best thing to in-person payment for customers and can make the payment process faster.

 

The power of social media and your customers

 

In addition to the receivable management services that Billing Tree has to offer, we also encourage our customers to stay connected via social media to find valuable information about their clients. Social media will give you the details you need, such as the spending habits and lifestyles of your clients, which will provide you with communication methods that will likely prove useful. For example, if one of your customers says that he/she is unable to pay a bill or to start the payment process by paying in installments, but he/she is regularly posting photos of new and extravagant purchases, you’ll know that it may be time to use more direct methods for collection.

 

Billing Tree is a technology leader when it comes to payment solutions for your accounts receivables department. We can assist your organization in decreasing the cost of payment processes while ensuring that you adhere to professional regulations. Contact us today to see why so many companies rely on us to make their accounts receivable services easier.

video-play

REQUEST A DEMO

Learn how BillingTree can improve your bottom line by eliminating manual processes and automating payment cycles.

LEARN MORE REQUEST A DEMO

Benefits

  • Proven performance within financial services collections
  • Comprehensive payment solutions: Accept multiple forms of payments
  • Payments are processed 24/7 through online and mobile platforms
  • Payments authorized in real-time
  • Centralized reporting
  • PCI, SSAE-16, HIPAA, SOC 1 & 2 Certified
  • Flexible Merchant Service Capability
  • Payment flexibility increases member and customer retention

ACCEPT MORE PAYMENTS

  • Credit, Debit, HSA, FSA, ACH, Check 21

INTEGRATED WITH LEADING SOFTWARE PROVIDERS

  • In-house integration services team to deploy APIs into your systems
  • Full QA and functionality testing
  • 24/7 service and support
  • Deployed thousands of times

CUTTING EDGE AND BEST OF BREED PAYMENT SOLUTIONS

  • Extensive partnerships with leading payment solution providers, combined with our in-house technology development team, ensures a comprehensive suite of Services & Solutions

Related Resources

Want to learn more about payment processing for credit unions and other financial institutions? With extensive expertise in Credit Union payment processing, BillingTree has developed the following helpful resources:

View All

BillingTree Merchant Services

  • Credit, Debit, ACH, Debit Card Only, NSF Mgmt
  • Comprehensive Banking Network
  • Competitive Pricing
Read More

Payrazr Solutions

  • Gateways, Portals, Web Payments
  • IVR’s, Agent Assisted, Virtual Agents
  • API’s, Document Mgmt
Read More

START PROCESSING TODAY

Learn how BillingTree can improve your bottom line by eliminating manual processes and automating payment cycles.

LEARN MORE PURCHASE NOW