𝗔𝘂𝘁𝗼 𝗪𝗵𝗮𝘁𝘀𝗔𝗽𝗽 𝗣𝗮𝘆𝗺𝗲𝗻𝘁 𝗥𝗲𝗺𝗶𝗻𝗱𝗲𝗿 For F𝗮𝘀𝘁𝗲𝗿 Payment Collection 

Introduction of Auto-WhatsApp Payment Reminder in Marg ERP Software 

In the fast-paced business world of today, effective payment management is necessary for maintaining a healthy cash flow and robust relationships with customers. Auto WhatsApp Payment Reminder is a unique feature introduced by Marg ERP in response to this necessity. By automatically reminding customers via WhatsApp to make payments on time, this approach improves the collection process and guarantees smoother transactions. 

In this blog, we will explore how this unique approach can improve business financial stability, build stronger relationships with customers, and transform the payment collection process. Along with it, we will look at the benefits of Auto-WhatsApp Payment Reminder for business owners and the detailed step-by-step guide for using the option of Auto-WhatsApp Payment Reminder in Marg ERP Software. 

Benefits of Auto-WhatsApp Payment Reminder in Marg ERP Software 

Reduces Late Payments 

Late payments have the potential to negatively impact the cash flow of your business and stability. Auto WhatsApp Payment Reminders can significantly decrease it. Reminders sent out on time help customers pay their bills on time which reduces the quantity of overdue payments and increases your overall stability financially. 

Improves Cash Flow 

To maintain business operations and promote growth, a consistent cash flow is essential. You can speed up the money-collecting process by using WhatsApp to automate payment reminders. On-time payments facilitate faster access to cash, enabling you to fulfil financial commitments, make investments in business expansion, and quickly maximize growth opportunities. 

Better Customer Relationship 

To establish long and strong relationships with clients, efficient communication is essential. Personalized WhatsApp payment reminders show your commitment to client happiness and business success. Reminders delivered straight to customers’ SMS or WhatsApp make life easier for them and enhance their experience in general. 

Increases Efficiency 

Manually following up on payments is an extremely challenging, expensive, and time-consuming procedure. With Auto-WhatsApp Payment Reminders, this process may be automated and considerable time and cost savings can be achieved. An Auto-WhatsApp Reminder eliminates the need for manual involvement by delivering an SMS or WhatsApp reminder to the customer’s account at the designated time, ensuring hassle-free and consistent follow-up. 

Process of Auto-WhatsApp Payment Reminder in Marg ERP Software 

• First, click on ‘Wallet’ from the home screen of Marg ERP Software. 

• Then go to the ‘Schedule Outstanding Reminder’ option. 

• Here, the user will see ‘GENERAL SETUP’. Whatever the user will set up here will be set up for all their parties.  

• Click on ‘Edit’ and set the schedule for when the payment reminder should go out – monthly, weekly on Mondays, weekly on Tuesdays, etc. 

• Select the desired day, like weekly on Monday, and click on the ‘Save ‘tab. 

• An alert of ‘Do you want to save’ will appear. Click on ‘Yes’ to save it. 

• Now, the user can view that every ‘Monday’, payment reminders will be sent to all your parties. 

• Additionally, the user can go to ‘Add Schedule’ and schedule payment reminders based on ‘Account Group, ‘Area’, ‘Route’, and ‘Party wise’. 

• From ‘Account Group’, select the account group to which the user needs to send the reminder. 

• Then select the schedule, and save it.  

• An alert of ‘Do you want to save’ will appear. Click on ‘Yes’ to save it. 

• As the user clicks on save, that group will be added to the list here, and the software will ask if you want to add more filters. If ‘Yes’, then click ‘Yes’. 

• Additionally, if the user needs it, then can also select the area, such as selecting Rohini, and then schedule it. This means that every party in Rohini will receive a weekly Tuesday reminder. 

• The user will ‘Save’ it. 

• Similarly, the user can also set it up ‘Route-wise’ and ‘Party-wise’.  

• The user will select the party to which he wants to send the reminder, let’s select ‘Shiva Distributor’. 

• Then set the schedule for when the reminder should be sent, for example, selecting Weekly Monday, and save it. 

• Now, here the user will see that Shiva Distributor will receive an automatic outstanding payment reminder every Monday. 

• Along with that, the setups that the distributor has done in Group, Area, Route, and Party will be shown here, and reminders will be sent to all of them according to their setup. 

• And now, as the user can see on the screen, retailers will receive automatic payment reminders on WhatsApp. 

• Along with that, they will receive a link where retailers can click to see which bill has how much amount due that needs to be paid. 

• If the user wishes, you can ‘Download it in PDF format’, and to make the payment for the bill, simply click on “Pay Now” here, and you can complete the payment. 

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CONCLUSION 

In conclusion, the Auto WhatsApp Payment Reminder feature of Marg Wallet in Marg ERP Software helps to fasten the payment collection processes between the user and the customer. This game-changing feature helps to enhance better communication, reduces late payments, and improves the cash inflow and outflow of the business. 

The users can easily customize and schedule the payment reminders to meet the required demands by following the simple setup process. This means that Businesses can customise reminders based on account categories, locations, routes, or parties as per the requirement. This offers versatility. By adopting this approach, businesses can improve their financial stability and boost their business growth. 

Additionally, every payment reminder message on WhatsApp or SMS includes a link for payment which the customer clicks on and makes the payment with ease and without facing any difficulties. It facilitates the payment settlement process for both customers and businesses. 

The Auto WhatsApp Payment Reminders feature from Marg ERP Software ensures fast reminders, improves processes, and develops better customer relations. Now Say goodbye to missing deadlines and stressful environment. Accept this innovative solution that provides the path towards long-term success in a business environment that is continuously transforming. 

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