Customer Convenience
Enabling your customers to pay their invoices by a variety of methods such as credit card, debit card, and Automated Clearing House (ACH), ensures your payments arrive much quicker than waiting for checks in the mailbox. Plus, customers appreciate the convenience of having multiple payment method options from which to choose. The simpler you make it for them, the faster they’ll pay you.
If your business relies solely on paper checks for invoice payments, you are missing an opportunity to get your payments faster. ACH is simple for your customers and more cost effective for you. If your business currently does not accept ACH payments, click here. It’s easy to get started.
Bringing Efficiency and Cost Savings to Your Payment Process
Wind River’s B2B payment solutions provide your business with multiple features and options that will save you money and streamline your payment process. This includes:
- Credit and debit card processing
- Level 3 processing for interchange savings
- ACH payments
- Dedicated relationship manager
- Recurring payments
- Point-to-Point data encryption
- Assistance with PCI compliance
- Advanced security features
- Accounts receivable automation
Customer Testimonial
“Wind River continues to have a positive effect on our business. We are processing customer payments 25% faster. Reducing our PCI scope saves us a monthly non-compliance fee. Level 3 processing rates continue to save us as much as 30%. We have peace of mind that our customers’ payment data is fully protected.”
Eric Buszka
CFO, Service Electric Supply
Wind River Customer Since 2020
Improve Your Process
Accounts Receivable Automation
If you’re like many B2Bs, you’ve probably been facing higher operational costs and lower productivity when it comes to collecting payments. In our experience, a leading cause has been that many businesses are still using legacy products to manage their accounts receivable (AR) process. This includes manual entry, printing and mailing invoices, and waiting for payments in the mail.
These antiquated systems don’t provide you the modern tools and automation to adequately track payment collection or resolve incorrect invoices. In the end, many businesses see an increase in their Days Sales Outstanding (DSO) and a lengthened dispute resolution process.
Wind River’s AR automation tools can help you improve your entire receivables process. We understand the inefficiencies of manual processes and can guide you on how to incorporate automation that will improve your entire accounts receivable operation.
How Does AR Automation Work?
There are three main features of AR automation.
Invoice Delivery
Create invoices electronically and then send them via email or physical mail. You can also set custom, automated payment reminders for your customers.
Payment Portal
Provide a custom payment portal for your customers on your website that they can access with one click. Within it, they’ll be able to access past, current and future invoices or statements. You’ll be able to collect ACH, credit card or debit card payments. You can even offer payment plans, multiple or partial payments and autopay. There’s even the ability to engage directly with your customers via a communication portal as well.
Collections Workflow Manager
The equivalent of a CRM for accounts receivable professionals, the Collection Workflow Manager will allow you to track and optimize your workflows and increase your overall AR efficiency.
For your employees, that means no more manually printing invoices, which eliminates wasted time and frees-up staff for other important duties. For your customers, they can quickly pay invoices electronically in a safe and secure environment.
2.2x
Amount of extra accounts the average AR professional can manage with AR automation
Ready to get paid faster?
In the fast-paced world of B2B, there are a thousand things you need to worry about on a day-to-day basis, but managing your payments and invoices won’t be among them when you partner with Wind River for AR automation.
Contact Us