Time is money, and nowhere is this truer than in the payment cycle. Small business owners frequently utilize online proposal platforms like Ignition to streamline client interactions. However, the bottleneck often lies in the subsequent payment process. This blog delves into the critical role of faster business payments for small businesses, how Forwardly is the perfect solution to this challenge and explores how pairing it with your Ignition proposals can get you paid much faster.
Why do you need Forwardly?
Your business needs Forwardly because it helps solve a big problem: slow payments. When you use Ignition for payments, it can take up to a whole week for the money to come through. This delay can really hurt small businesses because they need cash to keep things running smoothly and to grow. Forwardly fixes this by making payments lightning-fast – instant payments clear in just 60 seconds, even on weekends and holidays! This quick turnaround not only speeds up cash flow but also helps businesses focus on what’s important: growing and serving their customers.
With Forwardly, pricing is simpler. There are no monthly fees; you pay per transaction, based on how fast you want the money to arrive. Need it now? Use instant payments. Not urgent? Standard ACH costs less. Payments between businesses on the Forwardly Network are free. See current pricing.
Adding Forwardly to your Ignition proposal process
Forwardly and Ignition work together through your accounting software. Start by disabling online payments for invoices on Ignition. When a proposal is signed, an invoice is made automatically in your accounting software, like QuickBooks Online or Xero. Forwardly then handles new invoices through your accounting software, ensuring payments are collected quickly.
With Forwardly, managing invoices is easy because it syncs both ways with your accounting software, making accounting tasks simpler. You can see payment statuses in real time, which helps you focus on your main tasks. This smooth integration speeds up cash flow and makes financial management easier for businesses. When payments go through Forwardly, both Forwardly and your accounting software update the invoice status. You can also choose to automate your recurring payments in Forwardly.
Want a step-by-step setup? Read our guide to optimizing your Ignition billing workflow with Forwardly.
Convincing your clients to make the smart move
To persuade your clients to make the smart move towards faster payments, it’s crucial to spell out the benefits clearly. Start by explaining how quicker payments can improve their cash flow, cut costs on transactions, and boost their business’s flexibility.
Highlight the speed and security of Forwardly’s rapid settlements, demonstrating how transactions happen swiftly and securely. By effectively communicating these advantages, small business owners can convince their clients that embracing faster payments is a wise decision. This way, everyone can experience smoother financial transactions and reap the rewards of efficiency and convenience.
The Forwardly way
Adding Forwardly to your Ignition proposal process means faster payments and less admin for you and your clients. It helps you manage your cash flow more effectively. By using faster payment options like Forwardly, you can speed up your transactions, save money on processing fees, and explore new growth opportunities.
You must partner with modern payment solutions like Forwardly to manage finances and ensure long-term success. With Forwardly working alongside Ignition, you can navigate the payment landscape with confidence, knowing that your cash flow is in good hands. Don’t forget to explore our product tour to gain a comprehensive understanding of Forwardly’s extensive capabilities.
By:
Jane Ingram
Published
