Industry Solutions
Vertical Industry Solution for Photography Companies
Delivering Customer Value
To stay competitive and meet customer requirements, photography companies need effective payment options that give consumers the flexibility of paying up front or over a scheduled time period.At the end of the day, the true measure of sustaining the operation is how well cashflow can be managed.
To enable this, photography companies can't afford anything less than optimum payment flexibility and agility, with technology solutions that support the needs of customers and is simple and convenient to use.
Offering consumers multiple payment options is the key to effective and efficient cashflow management in the photography industry. Offering consumers the ability to pay for photography products on payment plans from either bank accounts or credit cards has proven to increase the rate of cashflow.
Besides consumer demand, photography companies are faced with a changing and dynamic environment that’s moving rapidly with the advancements in tecnology and diverse consumer needs.
The Flo2Cash Vertical Solution for photography companies helps address these challenges. This fully-integrated, payment solution also helps photography companies gain full visibility of the receivables cycle.
Do Business Better
The Flo2Cash payment solution delivers a cost effective way for photography companies to manage the
accounts receivable process.
The solution currently used in the industry has proven to increase the rate of cashflow, reduce compliance costs, reduce
administration and processing costs and create a positive customer experience.
Flo2Cash’s on demand approach to payment automation and monitoring enables organizations of
all sizes to maintain a healthy cash flow, while reducing costs and streamlining operations.
Business Value
Multiple Payment Options
Utilising an innovative SaaS approach, the Flo2Cash Payment Solution provides a comprehensive range of payment channels, offering customers with more options and convenience, reducing the gap between time of issuing the payment request and the payment receipt.
Automated Dishonour Management and Debt Recovery
Integrated with the Flo2Cash Recovery system, pre-arranged payment plans are automatically
followed up and managed if failed, eliminating the time-consuming account receivable processes.
Flo2Cash Recovery is a web-based (SaaS) enterprise debt recovery system that manages the
entire debt recovery cycle for delinquent receivables, Non-Performing Loans (NPLs) and Securitised Asset Pools.
Customer Convenience and Loyalty
As customers become more and more complicated as technologies and social cultures evolve, understanding your customers is
often the key to winning their trust and confidence.
E-commerce, mobile phones and PDAs are just several examples of how business trading has changed, requiring the use of
more payment options and methods to address different customer needs.
Benefits
Increase Sales
Increase your sales by giving your customers the option to pay by instalment or layby. Direct Debits allow your customers to defer payment, thereby increasing the likelihood that they will buy today.
Improve Reporting
Flo2Cash provides you with a wide array of valuable information. From our reports you can quickly and simply see donor trends, payment trends, successful payments, failed payments and much more.
Increase Cash Flow
Following up unpaid bills cost you time and money. Having your customers pay by direct debit means you are far more likely to get paid on time, every time. Direct debits remove many of the reasons customers don’t pay including, poor payment management, forgetting to pay you, not getting around to organizing the payment or waiting till the final warning notice.
Built-in Document Audit Trail
Flo2Cash’s patented online payment management platform provides you with full access to all documents and communication logs to your payment arrangements, significantly enhancing your customer experience and your document management.
Retain Customers
Once you have a customer paying by direct debit, they are more likely to stay with you as a customer. Most people are time poor, and a major reason for customers deciding to stay with their current provider or supplier is to avoid the hassle of setting up a new payment arrangement.
Integrated Solutions
Using the world’s most common file formats, Flo2Cash provides automated and manual reports as well as invoice schedule uploading that can be easily integrated into your accounting system and other business software.
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