The new SMS invoice-chasing functionality aims to empower businesses to overcome the limitations of email communications and optimise their outreach strategies.
In response to a concerning 18% surge in insolvencies among businesses, Chaser, an accounts receivables SaaS platform, has unveiled a strategic initiative to revolutionise the way companies secure payments.
The new SMS invoice-chasing functionality aims to empower businesses to overcome the limitations of email communications and optimise their outreach strategies. Chaser is offering free SMS usage to all its customers from January to June 2024. This initiative is a proactive measure to assist businesses in reducing late payments and enhancing cash flow during a critical period of economic uncertainty.
Sonia Dorais, CEO of Chaser, said, “Providing free SMS payment reminders for 6 months aligns seamlessly with Chaser’s mission. We recognise the pressing issue businesses face in securing payments for their work, and by absorbing the processing costs, we aim to empower users to overcome this hurdle.
“This feature enables businesses to cut through the noise and instantly connect with their customers on the go, sending personalised payment reminders directly to their phones. It not only enhances efficiency in reaching customers but also mitigates payment friction with instant payment links for SMS recipients, ultimately facilitating a smoother payment process for businesses,” Sonia added.
Chaser’s innovative SMS payment reminder chasing feature enables users to send invoice payment reminders instantly via a centralised cloud system. Customisable templates, featuring editable fields such as business name, due date, and invoice amount, emulate a personalised touch, making automated messages appear human-crafted. Integrating SMS payment reminders with emails in automated chasing schedules further amplifies the chances of swift customer response, ultimately accelerating payment cycles.
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