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Total Processing X Invevo

Total Processing X Invevo

Author

Faye Duncan

Date

23 Jun 2023

Read time

4 Minutes

Category

Payments

If you’re often collecting payments and distributing invoices, you’ll know how important it is to receive these payments on time to keep a positive cash flow. And that’s where our partnership with Invevo comes in; it’s bound to be a game-changer for your business.

With Invevo’s advanced management technology and our seamless payment processing integrated into one platform, we’re offering a complete end-to-end solution to help businesses of all sizes.

 

Who is Invevo?

So let’s introduce you to Invevo. It’s a receivables management platform that helps businesses collect payments more effectively by automating and simplifying the process through a streamlined back office.

Its features include:

Self-service portal

Invevo provides clients with a self-service portal so that they can make payments, promise to pay and manage their accounts online including invoice disputes.

Real-time credit risk monitoring

By monitoring and understanding a customer’s credit risk and behaviour, you can automate informed decisions to limit credit exposure., benefiting both you and your customers.

Order block management

Take advantage of the data available to you; create a simple and quick process by making real-time decisions on segmented customers based on available credit, risk and overdue receivables.

Customisable workflows

You can work more efficiently and save time by configuring your workflows. By segmenting your customers into groups, you can easily manage communications to optimise your collection performance.

Automated communication suite

Increase collection rates through branded communications via a range of channels, including email, SMS and post straight from the platform.

 

How is Total Processing helping Invevo customers?

By embedding our solutions into the Invevo platform, collecting payments couldn’t be easier. You’ll get access to our advanced payment technology and a vast selection of tools for a seamless processing experience.

By being fully integrated, your businesses can benefit from:

Multiple payment methods

Whether you are looking to accept payments over the phone or send branded pay by links through SMS and email, all of these options can be easily executed directly from the platform.

Optimised checkout flow

With a simple embedded checkout and a range of alternative payments to choose from, such as Google Pay and Apple Pay, easily take payments without leaving the Invevo platform.

Flexible payment structure

Increase your collection rates with flexible payments. Amend or pause payment schedules to maximise customer retention.

 

Why is this a good partnership?

Since joining forces with Invevo, our integrated platform has helped many merchants accelerate their cash flow. Together, Invevo’s customers will gain access to a comprehensive set of tools for managing the receivables life cycle, including invoicing, payment processing, late payment management and real-time data reporting.

When customers pay through the self-service portal, that’s when they can experience the benefit of our partnership. And with it, we’re confident that we can help to:

  • Simplify your collection process
  • Improve cash flow
  • Provide an efficient account management
  • Reduce operational costs
  • Increase customer retention
  • Decrease your workload

 

Don’t just take our word for it

Adecco experienced significant improvements in cash collection, operating costs and customer relationships by implementing the integrated Invevo and Total Processing solution:

Improved cash collection

Adecco’s customers could pay on any device, leading to faster bank settlement times and improved working capital.

Reduced operating costs

Adecco reduced gateway and acquiring fees through smart routing and saved on headcount through automated reconciliation of inward payments.

“After implementing Invevo, we saw an immediate increase in online payments from all regions and were able to recover lost revenue from previous months, not only improving our DSO but also increasing customer satisfaction.”

Adecco’s success highlights the efficiency and seamless workflows this partnership offers, giving them confidence in their financial processes and providing a range of benefits through the integrated platform.


Want to see what our partnership can do for your business? Reach out to us today, and our team will provide an in-depth journey of our features, showing you firsthand how we can improve your conversion rate.

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