The process of payment collection is the most crucial part of any business process. All the efforts in all the steps will go vain if the payment collection process is not up to the mark. The payment collection should be easy to implement, must reduce payment transaction time and ensure a transparent payment collection process.
Holostik is one of the industry leaders in not just providing anti-counterfeiting solutions but also delivers advanced IT-enabled solutions. Among the many IT-enabled solutions, Holostik provides advanced payment collection services to different industries customised as per their needs.
The company delivers a unique card module or functionality that allows recording and managing the unpaid invoices. It will keep track of all the paid and unpaid invoices. The executive or the concerned person will go to the office or the place from where the payment has to be collected and can take payments and record on the spot.
The payment can be done via cash, cheque or cards (both debit and credit) etc. The receiver and the sender both will get a confirmation message on the spot on the receipt of payment. This process keeps a record of all unpaid invoices, gives reminders on a regular basis, ensures easy mode of payment and updates records regularly.
The process of payment collection is quite easy to implement which is as follows:
- The manufacturers are delivered a unique card module or functionality that keeps track of the invoices.
- Manufacturer’s representative can go to the place from where the payment has to be collected and can take payments and record on the spot.
- The payment can be received via cash, cheque or cards (both debit and credit) etc.
- The receiver and the sender both will get a confirmation message on the spot on the receipt of payment.
