Invoicing System
Billing
Billing management that can accommodate complex invoice generation, unique revenue models and more.
Subscription Billing System
Collections
Fully automated and configurable collections capabilities to reclaim your team's time and focus
Online Payments
Payments
Flexible, powerful payment acceptance tools complimented by innovative cash application technology.
Analytics
Analytics
Virtually every question answered about the current state and future of your A/R performance.

Offer faster, lower-fee payments with GoCardless and Invoiced

Offer faster, lower-fee payments with GoCardless and Invoiced

The rise of online payments in the last 15-20 years has forever changed the way we do business. Gone are the days of mailed paper checks, slow-moving ACH deposits, and high-cost wire transfers as our only options. With a few clicks, we can make payments instantly with a variety of online credit card processing platforms.

But what consumers don’t always realize is that those credit card processing platforms charge hefty fees to the businesses offering them. Most take a percentage of each transaction, so the higher the fee, the more the business pays. And those fees add up quickly, translating to sunk operational costs for the business.

GoCardless, a direct debit platform based out of London, is changing the game for businesses and consumers alike. They offer a pull-based, bank-to-bank payment method that’s really taken off in the UK, with 4.1 billion payments made via direct debit annually. Businesses can offer their customers an online method to perform variable, ad hoc, and recurring payments by filling in their bank details online - at much lower rates than traditional credit card processors. Fees start as low as 20-40p per transaction, with no percentage surcharge.

In addition, the UK’s Direct Debit Guarantee offers 100% consumer protection against erroneous transactions. That means no disputing charges with credit card companies - if the charge is wrong, the customer is given a “full and immediate” refund. The onus is on the participating banks to sort out who is responsible.

Our singular goal at Invoiced is to help our customers get paid faster at minimum cost, and the GoCardless direct debit platform provides businesses with the tools to do just that. We’re excited to announce our partnership with GoCardless, and to offer both GoCardless and Invoiced customers the following functionality:

  • Connect GoCardless and Invoiced accounts
  • Offer direct debit payments for customers in the UK, EU, Australia, and Sweden
  • Vault payment information for direct debit payments
  • Perform AutoPay for direct debit payments
  • Reconcile direct debit payments from Invoiced back to GoCardless

GoCardless and Invoiced customers will be able to send invoices with seamless integration of the direct debit payment process. Payees will first fill out the direct debit mandate on their invoice and then choose the account they’ll use to make a payment. Completed payments will generate a receipt to the payee; failed payments will appear in the Invoiced dashboard for follow-up.

“GoCardless’s integration with Invoiced provides customers all the benefits of direct debit payments combined with powerhouse invoicing automation,” said Myles McLaren, Partner Success Manager at GoCardless. “We’re thrilled to offer customers the tools to collect quickly with minimal effort.”

Want to learn more about how to leverage the GoCardless/Invoiced connection? Have a look at the GoCardless integration docs on Invoiced, or the Invoiced partner page on GoCardless.

Scaling New Heights 2018 will be awesome. Join us there!

Scaling New Heights 2018 will be awesome. Join us there!

The Woodard Company’s annual accounting conference, Scaling New Heights, is always a great opportunity to learn how to leverage the power of Intuit products - and more specifically, QuickBooks Online and Enterprise. We’re really excited to attend this year, as the main theme for the conference is “Taming the Machines”.

Why “Taming the Machines”? There are some massive technology shifts taking place across the business sphere that employ new capabilities like machine learning, artificial intelligence, and our favorite - automation. The Scaling New Heights conference aims to educate attendees on these topics and how they will transform the discipline of accounting for the better.

Within that theme of “Taming the Machines”, Scaling New Heights has a few sub-themes that really resonate with us. Attendees will have the opportunity to learn how to: “Leverage the Machines”, to take full advantage of all technology has to offer, and how to “Transcend the Machines”, to shift more towards strategic, advisory work.

Our focus at Invoiced is to provide our customers with automation that reduces manual effort, freeing up precious time for strategic activities. We’re excited to hear what Scaling New Heights has to say about how to accomplish these goals. Here are a handful of sessions we’ll be joining to learn more:

Embrace the Machines: Why I Am Optimistic about the Future (and You Should Be, too) Review the history of technological innovation and how it has improved our lives. Learn predictions on how emerging technologies will leverage automation to continue on that path - and provide us with more strategic questions to ponder.

How to Grow and Scale Your Accounting Firm In order to grow efficiently, accounting firms must make the leap from a few employees to a bigger staff. This means dropping manual processes for automated workflows. Walk away from this session with a better understanding of how growth will impact your business.

Emerging Technologies Consider this session a crash course in technological advancements like machine learning, big data, and artificial intelligence. You’ll learn what they are, why they are important, how they work, and tips on how to apply them.

Everyday Ethics in an Age of Artificial Intelligence If we transfer much of our current responsibilities to machines, how will they handle ethical questions? What can (and should) we teach them about ethical decision-making, and which decisions should stay with humans? Consider these questions and many others in this session.

Challenging Our Own Thinking about the Nature of Disruption This final session of the conference will help attendees synthesize the new information they’ve learned, move past any anxiety about change in the industry, and take home applicable learnings and put them in place in their business.

Join us at one of these fascinating sessions from June 17-20, 2018, at the Scaling New Heights conference in Atlanta, Georgia.

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