Get Paid Instantly with Automated Collection Reminders

EnKash’s automated payment reminder allows businesses to remind their customers about their due payment.

Businesses can customize these reminders as per their requirements. They need to upload the invoice, feed in the dates on which the reminder needs to go, along with the embedded payment link, and decide on the channel via which they want to send the reminder to collect the payment.

Use EnKash’s payment reminder to collect payments from customers. Register on the platform and choose between two types of payment reminders - invoice reminders and automatic reminders.

Invoice reminders allow you to access invoices from the dashboard against which payments are due and select them all at once or one after the other to send reminders to the customers.

Automated reminders are created when a customer is onboarded. These reminders eliminate the need to manually follow up with the customer as they extract data and dispatch invoices automatically, reminding them of the due dates to make payment.

• Login to EnKash

• Go to the Collect Payments tab

• If the customer is new, define the journey by first registering

• Following that, configure the reminder engine. This will automatically send reminders to the customer as per the defined timeline and channel selected

• If the invoice is already in the system, select it and send a reminder to the customer from the dashboard

Payment reminders are automated messages that help businesses collect payments from their customers timely. They facilitate easy payment collection and enable businesses to fulfil their demands related to cash flow and other business processes.

Enterprises can define the reminders as per their convenience. They can set reminders for pre-payment and late payments

Define the reminder timeline;, it could be before or after the due date. Certain businesses give early payment discounts, which can be availed if reminders are received before the date of payment.

Payment reminders can facilitate cash flow in a business in the following ways:

Reducing late payments: Businesses can reduce late payments by reminding customers of their due payments and settling their outstanding amounts instantly.

Better customer relationship: Enterprises can establish better customer relationships with timely payments and understand their payment patterns better.

Improved accounts receivable: With payment reminders in place, accounts receivables of a business can be accessed and maintained efficiently with easy access to outstanding invoices and identification of the payments due.

Cash flow prediction: Businesses can predict their cash flow better and use it for the expansion of the processes with efficient decision-making.