When a professional services company is completing services for companies on an international scale, there can be a lot of hurdles that you have to go through in order to be able to receive payment timely.
From a service perspective, the whole idea is to be able to complete the services, and from there send out an invoice as quickly as possible to customers. When you are operating in a global market though this can take a lot of time, the services first have to be completed, and then you need to get to your operating headquarters to actually generate a service invoice. Once the invoice goes out the door, it has to make it around the world to that customer, who then has to make the payment and send it back to you. This can all take time and can really put a damper on your overall cash flow as it will take a lot of time to get the money, decreasing the actual value of that invoice.
When you have a payment solutions system in place online, such as one offered by Solidtrustpay you will be able to send out invoices instantly over the Internet and receive money back just as quickly. With an online payment solution system like Solid Trust Pay in place you can expect to decrease accounts receivable and increase your actual cash that has come in the door. If you want to get the money that you deserve, being able to accept money online can really help you.