Payment Solutions that streamline Accounts Receivable.

Receivables are the lifeblood of your business. However, no matter how good your accounting team is, relying on paper checks is asking for trouble. Convert your receivables into digital payment solutions from BluePenguin Payments, and leave the paper behind.

Checks take too long

Checks increase your DSO for no good reason. Perhaps you’re already waiting 15, 30 or 90 days for your customer’s payable process to complete. What if the mail is slow or the check is undelivered? How much longer might it take? There’s simply no value in having to wait.

Checks can't be trusted

Unfortunately, holding a check doesn’t always mean you’ll be paid. Even the most reliable customer can make accounting mistakes and not have good funds available to back up a check when the bank tries to clear it (whenever they get around to it). And if you’re depending on that payment to be available at the moment you need it – to buy supplies or pay staff – you can have a crisis on your hands.

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Checks cause mistakes

A single typo on a check can wreak havoc. Ever had a check returned because the amounts didn’t match, or perhaps someone else’s account was credited? Now imagine that happening to your business. You’re talking serious time and money spent trying to recover the funds you should have had in the first place.

Payment Solutions that streamline Accounts Receivable.

Receivables are the lifeblood of your business. However, no matter how good your accounting team is, relying on paper checks is asking for trouble. Convert your receivables into digital payment solutions from BluePenguin Payments, and leave the paper behind.

Checks take too long

Checks increase your DSO for no good reason. Perhaps you’re already waiting 15, 30 or 90 days for your customer’s payable process to complete. What if the mail is slow or the check is undelivered? How much longer might it take? There’s simply no value in having to wait.

Checks can't be trusted

Unfortunately, holding a check doesn’t always mean you’ll be paid. Even the most reliable customer can make accounting mistakes and not have good funds available to back up a check when the bank tries to clear it (whenever they get around to it.) . And if you’re depending on that payment to be available at the moment you need it – to buy supplies or pay staff – you can have a crisis on your hands.

s

Checks cause mistakes

A single typo on a check can wreak havoc. Ever had a check returned because the amounts didn’t match, or perhaps someone else’s account was credited? Now imagine that happening to your business. You’re talking serious time and money spent trying to recover the funds you should have had in the first place.

There’s a better way to get paid

With BluePenguin Payments, you can convert all your manual recievables to fast, secure, simple digital payments. There’s no paperwork, less labor and reconciliation is automatic.

How it works

Do what you usually do

When you’re ready to invoice a customer, just follow your regular process. Use your accounts receivable or ERP billing system to generate the invoice. BluePenguin Payments can integrate directly with your accounting systems to present your invoice electronically to your customer so you don’t have to print or mail anything. Don’t use an accounting or ERP system? We’ve got you covered. You can use our secure portal for free.

Do what you usually do

When you’re ready to invoice a customer, just follow your regular process. Use your accounts receivable or ERP billing system to generate the invoice. BluePenguin Payments can integrate directly with your accounting systems to present your invoice electronically to your customer so you don’t have to print or mail anything. Don’t use an accounting or ERP system? We’ve got you covered. You can use our secure portal for free.

Payment optimization pays you faster, every time

BluePenguin Payments integrates with the accounts payable systems on your buyer’s side to turn time-consuming, archaic check issuance processes into fast, guaranteed-funds electronic payments. The result? No more chasing late payments or NSF checks – and payment in hours or minutes, not weeks or months.

No need to change your processing

Some business payments companies expect you to change your merchant services account, but not BluePenguin Payments. Our platform works seamlessly with ALL merchant services providers in the USA. Your invoice payments appear as standard transactions in your current statements and reports. There’s no need to change how you reconcile or audit your revenues, because BluePenguin Payments integrates into your existing receivables stream.

Don’t have a merchant account, or not doing enough electronic payments to justify setting one up? No problem. BluePenguin Payments can post your payments directly into a deposit account and still provide all the benefits of digital payments.

No need to change your processing

Some business payments companies expect you to change your merchant services account, but not BluePenguin Payments. Our platform works seamlessly with ALL merchant services providers in the USA. Your invoice payments appear as standard transactions in your current statements and reports. There’s no need to change how you reconcile or audit your revenues, because BluePenguin Payments integrates into your existing receivables stream.

Don’t have a merchant account, or not doing enough electronic payments to justify setting one up? No problem. BluePenguin Payments can post your payments directly into a deposit account and still provide all the benefits of digital payments.

The right data at your fingertips

We don’t just make your payments easier. We know that reconciling inbound payments to outstanding invoices should be easier, too.

We ensure comprehensive remittance data is available to both parties for every payment you take in. If a buyer pays multiple invoices at once, or you have a split shipment due to backorders, we can handle it.

We also post complete transaction information directly into your accounting and ERP platforms, so you don’t have to log on to a separate bill payment system and manually reconcile your receivables.

Happy supplier, happy buyer. That’s what we’re all about.

 

Get In Touch

Send us a message, so we can discuss a solution for your business.

sales@bluepenguinpayments.com | 12540 Broadwell Road, Suite 2201, Alpharetta GA 30004 USA | +1 (844) 736-4946

© 2019, BluePenguin Payments, Inc.

Get In Touch

Send us a message, so we can discuss a solution for your business.

sales@bluepenguinpayments.com | 12540 Broadwell Road, Suite 2201, Alpharetta GA 30004 USA | +1 (844) 736-4946

© 2019, BluePenguin Payments, Inc.