SEATTLE, WA / ACCESSWIRE / January 5, 2021 / Small business management platform vcita has announced the launch of its revamped solution for billing and payment collection management. vcita Payments is a single integrated solution encompassing all the features that service-driven small businesses need to get paid easily and quickly.
The revamped payment management solution packs advanced automations, like those typically used by large businesses, into an accessible interface that allows small businesses to collect payments with ease. It supports a variety of workflows including quotes and invoices, prepaid service packages and scheduled billing with customized cadences.
“Independent service providers often look at payment collection as an uncomfortable process, especially when they’re in touch with their clients throughout the week,” points out Itzik Levy, CEO of vcita. “By introducing technology into the game, business owners are able to distance themselves from the collection process, thus reducing friction with clients and allowing them to focus on important things like providing better service and growing their business.”
With vcita payments, entrepreneurs can enjoy an integrated infrastructure that’s designed with small businesses in mind, enabling each business to build their own business logic and create a collection process that works best for their business.
It covers every aspect of payments, including:
- A secure client portal allows clients of businesses to pay for services from anywhere, anytime, using diverse payment methods.
- Professional-looking, branded invoices can be automatically generated to include all open payments.
- Polite payment reminders sent to clients to ensure all is paid on time.
- A smart yet simple dashboard that provides a clear overview and forecast of income according to upcoming orders and bookings.
All these payment tracks are combined in a single system, through vcita’s proprietary payment gateway, providing small business owners with a one-stop-shop for their business operations needs. vcita also integrates with a variety of third-party digital payment processing services and e-wallets like PayPal, Stripe and Square.
vcita’s latest integration with Paypal’s e-wallet allows businesses to receive Venmo payments from clients directly to their Paypal accounts, without the need to set up a Venmo account.
Using a dedicated tracking dashboard, vcita Payments allows business owners to follow the status of every transaction, helping them plan ahead with greater confidence. Better visibility into the progress of invoices lets business owners know when to expect funds to clear, which clients habitually pay at the last minute, and how to keep accounts on an even keel.
By removing roadblocks in the payment process, the new, streamlined solution also aims to help small business owners improve cash flow.
“Cash flow is an extremely common challenge for small businesses,” adds Levy. “Building a successful business is a lot about knowing how much and when to invest in growth, and on a more fundamental level it’s about knowing if you’re able to cover the rent on time. Our goal is to equip small businesses with powerful tools typically used by big players, providing them the visibility they need to make the right financial decisions.”
Beyond vcita’s focus on providing value to small businesses directly, the company partners with banks, fintechs and digital payment providers to help them create rich educational experiences and software tools for their small business clients, helping these companies to gain a competitive edge.
The launch of the all-in-one payment solution follows a flurry of rollouts for vcita, during which the company added a number of new features and capabilities to help small businesses thrive during the stressful and unusual conditions of the pandemic. These include the “Business Unusual” portal, developed together with MasterCard; “Pay by Mobile,” for businesses to offer another contact-free payment option; and “Packages,” for small business owners to bundle services together for greater revenue.
vcita helps SMBs and entrepreneurs build and manage a business they are proud of and remain competitive in the digital economy, with a business management platform that covers day-to-day needs. vcita’s cloud-based solutions help solopreneurs and small teams manage their entire business, turning time-consuming tasks like scheduling, payment collection and marketing campaigns into simple, one-click operations, from one app.
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