As a delivery company, you rely on smooth operations, efficient routes, and timely customer payments to keep your business running. But let’s face it: chasing down late payments can be a headache. So how can you encourage your regular customers to pay on time, every time?
Here are some practical tips that can help you boost payment timeliness and improve your cash flow – while also making it easier for customers to pay.
1. Offer Convenient Payment Options
In today’s world, customers expect convenience in every aspect of their lives, and that includes how they pay their bills. One of the most effective ways to encourage timely payments is to offer a variety of payment options, including credit cards, bank transfers, and even mobile payments. The more ways you offer for customers to pay, the easier it becomes for them to settle their accounts on time.
Bonus Tip: If you’re using software like Route Manager, utilizing Mango Web to set up a customer portal makes it even easier. Customers can log in to see their invoices, make payments, and even track their delivery schedules—all in one place. This eliminates barriers to payment by giving customers 24/7 access to their accounts.
2. Leverage Technology: Use a Customer Portal or App
Using an online portal or mobile app that integrates with your route management software can be a game-changer. Not only does it give customers a convenient place to view invoices and make payments, but it also allows them to easily track their deliveries and communicate with your team.
For example, with “Launch Your App with Mango”, you can offer a convenient mobile app that lets customers:
- Browse products and place orders seamlessly.
- Enable new customers to easily sign up for services.
- Access account status and billing information at any time.
- Customize the app’s appearance to align with your website’s branding.
- Boost sales and monitor analytics through push notifications.
When customers have direct access to their delivery details and billing information in one spot, they are more likely to pay on time—because it’s easy!
3. Automate Payments and Payment Reminders
Let’s be real—people forget things, and invoices are no exception. That’s why having a credit card on file for automated payments is the best way to guarantee on-time payments.
The next best thing is automated payment reminders which is a crucial tool for timely payments. You can use your Route Manager’s Customer Message Center software to send friendly email or text reminders to customers when their payment is due, and follow up if a payment is late. Automated reminders are a subtle, non-intrusive way to nudge your customers toward paying without needing to spend time chasing them down.
Pro Tip: Use customization options to schedule reminders at strategic intervals—such as three days before the due date and the day of—so customers get a timely reminder without feeling overwhelmed.
4. Offer Discounts or Incentives for Early Payments
Who doesn’t love a discount? Offering small incentives for early payments can motivate customers to settle their accounts ahead of time. For example, offering a 2% discount for payments made within 10 days or a loyalty program for consistent on-time payments can nudge customers in the right direction.
If discounts don’t fit your business model, consider other perks like priority scheduling or access to exclusive services for customers with prompt payment histories.
5. Make Terms & Conditions Clear
Often, late payments happen because customers aren’t fully aware of when they’re supposed to pay or what the consequences of late payments are. Make sure your invoices and communications clearly outline payment terms, including due dates, accepted payment methods, and any late fees that may apply. Clear communication upfront can prevent confusion and late payments down the road.
6. Provide Flexible Payment Plans
If some of your customers are struggling to pay on time due to cash flow issues, consider offering flexible payment plans. This allows customers to break their payments into smaller, more manageable installments, ensuring they can keep up with their obligations without falling behind.
7. Build Strong Relationships with Your Customers
At the end of the day, customers are more likely to pay on time when they have a good relationship with your company. Consistent communication, excellent customer service, and a genuine interest in their needs go a long way toward ensuring customers prioritize your invoices. When customers trust and feel valued by your business, they’re more likely to keep up with their financial obligations.
Make Payments Easy with Route Manager
One of the simplest ways to get your customers to pay on time is by making it easy for them. By giving customers an accessible, user-friendly way to manage their accounts, view invoices, track deliveries, and make payments, you’re creating a seamless experience that encourages timely payments.
So, stop chasing late payments and start streamlining your customer payment process with smart technology and customer-friendly practices. Your business—and your bottom line—will thank you!
Need more info on how to get set up with Route Manager to streamline your operations or any of these modules listed to create easier payment systems? Reach out to our team today! Sales@AdvantageRoute.com or fill out the short form below and we will be in touch.