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Peak Heating Season Is Here —

Prevent A/R Collections from Eating into Your Busy Schedule... and Budget

Peak Season A/R Management

Between monitoring cash flows and dedicating employee hours to pursuing unpaid invoices, we know that ensuring the collection of outstanding receivables can quickly become costly and time-consuming.

As an energy marketer, peak heating season likely means your time and resources are already stretched to the max; all the while A/R balances are only growing.

We know that time can—and should—be put to better use.

Improve Your A/R Collections

To ensure timely payment collection, we’ve put together a few tried-and-true strategies to leverage as you work to get delivery tickets, outstanding balances, and cash flows in order:

  • Automating A/R Management
    When a bill is issued or a payment is missed, sending automated notifications and reminders via text and email ensures cash flow acceleration while providing you and your employees more valuable time to focus elsewhere.
  • Simplifying Payment Collection
    Offering your customers a range of acceptable payment avenues increases the likelihood of bills being fulfilled on time. From pay-by-phone to online billing, ensuring payment collection is as simple and accessible as possible is key to avoiding the unwanted expenses—and headaches—associated with a negative cash flow.
  • Introducing Convenience
    Ensuring convenience for your customers within the payment process helps to alleviate their financial stress, ultimately reducing your outstanding receivables while simultaneously strengthening customer relationships. A self-service portal allows customers to easily view outstanding bills and make payments on their own time and can enable them to set up automatic recurring payments as well. By offering budget and price protection plans, you’re prioritizing a positive, flexible, and convenient customer experience that makes all the difference.

Boosting A/R Collections Efficiency with PossiBill

At PriMedia, we’ve developed the cloud-based customer account portal and integrated billing software to get the job done faster and more cost-effectively—each designed with the energy marketer in mind.

With PossiBill, your solution for bill presentment and payment:

  • Issue bills within 24 hours, online or by mail
  • Automate billing reminders and notifications via text and email
  • Review and approve bills through a secure web portal
  • Collect payment by credit or debit card, e-check, ACH, or Venmo
  • Allow customers to self-manage payment information
  • Customize invoices to include customer communications
  • Transition to paperless billing
  • & More
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Ready to reduce the amount of time and money you spend on billing and cash flow management?

Let’s schedule a FREE consultation to explore tailored A/R solutions for your energy business.

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