To create and maintain a sustainable business, you need to think about revenue predictability and maintaining a stable cash flow . These points can be responsible for business success.
From this perspective, there are some fundamental resources to achieve results. For example, recurring payments emerge as an efficient strategy to achieve this stability, by allowing companies to receive regular amounts for ongoing services or products.
Therefore, implementing this recurring payment method can transform your business financial management, with the advantages of this method . Keep reading and learn how to receive recurring payments!
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What are the advantages of recurring payments?
Subscription payments are already a oman whatsapp number data in the market. In addition to this option having grown a lot in recent years, it meets demands that benefit both companies and customers.
According to a survey conducted by Opinion Box , around 79% of respondents have between 1 and 4 active subscriptions . This shows a positive trend among Brazilians to purchase recurring services or products.
In addition to making the subscription billing process easier for the manager, it can also be easier for consumers. With credit cards, for example, the process is automatic – and, with other payment methods, several notifications are sent to remind the customer.
There are several other advantages to using this payment method. Check out the main ones:
Reduces bureaucracy
This payment method can be one of the practices that we find automated. This option allows you to continue the sale without bureaucracy once the transaction has been completed with the customer, in just a few clicks on a good payment platform .
Once the payment term, contract extension, payment method and amounts have been chosen, the platform keeps the billing process running for the established period.
Finally, the subscription management platform can also issue an invoice for the service or product. This optimizes accounting time for companies.
Help in combating default
The risk of default is real for maldivian lads companies, regardless of the segment and service they offer. According to data from the Serasa Limpa Nome survey, in November 2024 , Brazil had around 73.79 million Brazilians in debt.
Recurring payments reduce the risk of default , as they optimize the payment process and maintain a payment system that focuses on the long term.
In addition, it also helps the company control its internal finances. With recurrence, there is more control over cash flow and allows the company to also seek other emergency credit lines , such as the anticipation of receivables, for example.
Possibility of advance payment of receivables
One of the obstacles to installment sales and recurring payments is not receiving the full amount of your transaction at the first moment.
This problem can be solved by anticipating receivables . This feature allows you to advance negotiation amounts over a term, allowing the company to maintain a better cash flow balance.
