The way clients make payments in the roofing industry has evolved a lot in the past several months throughout the world. This can be largely attributed to the COVID-19 pandemic where most of the transactions happened online as most physical businesses have been forced to close. At Raise the Rank, we have experienced the same with the clients throughout the SSA community. Recognizing this major shift in consumer payments, we’re already gravitating to touchless payment options including credit cards, debit cards, PayPal, electronic checks and much more.
How can you overcome the processing fee?
When it comes to credit card payments, the processing fee is something that may not come to mind immediately. However, post-COVID, accepting online payments has become a necessity rather than a luxury. Otherwise, you stand to lose even more money than the small processing fee on every transaction.
The processing fee may feel minuscule, but when applied to every transaction, it can quickly add up. The fact is you can't avoid these processing charges, but you can take some easy steps to make sure that it doesn’t impact your profit margins that much. One way to overcome these 2.5%, 3% processing expenses on debit and credit card payments is by working these additional costs into your pricing layout.
For instance, if you're taking a $12,000 payment (the average roofing cost today is somewhere between 12,000 and 15,000) then you can adjust that fee inside of the price of the roof. This way you won't even feel the pinch.
Another effective way to minimize your additional charges is by using eChecks. This is probably the CHEAPEST and most SECURE method of making/accepting payments today. The processing fees typically range from 0.7 to 5%.
The best part – our SSA roofing management solution allows you to send invoices straight out of SSA. Your clients will receive a secure link and it'll open up in their browser. What’s more, you can even look at your client’s portal side by side i.e. the secure page that they're on. And that’s really cool.
SSA: The best way to accept payments from your clients online
A comprehensive solution like SSA allows your clients to make payments from anywhere and at any time. They simply have to put in their routing number, their account number and verify the amount. And they're good to go.
What’s more, these payments will show up in your SSA. You can view the balance and easily invoice your clients from a secure link on there. Since it allows you to organize all your payments and view them whenever you want, no payment will slip through the cracks.
Electronic checks offer convenience
At Raise the Rank, we know that your clients trust you. That’s the reason why they choose your services. If they prefer to pay by check, you can convince them to switch to online payments. It will ensure three important things for your roofing business: good cash flow, a great experience for the client and fewer touchpoints.
We have clients in some of the biggest cities like Baton Rouge, Louisiana, Louisville, Kentucky and Oklahoma City. Traffic is a beast in big cities. So, it’s going to take you at least an hour to get there, to just pick up the final check. That’s where online payments can save the day for you. By using electronic checks in SSA, all you have to do is send the invoices and your clients can pay you directly from their smartphones or computers.
SSA gives you the ability to create hundreds of invoices in every single project. You can also send a send out a final statement. This can help your clients check all of their payments back and forth, and everything will be organized for you inside of SSA
Why use SSA for seamless roofing project management and payments?
Managing payments and project management are often perceived as two different things. However, the ultimate success of any roofing project depends on payments and project management working seamlessly together. At ‘Raise the Rank,’ we recognize this fact.
That’s why we have designed SSA to be an all-in-one tool that combines payments, project management, and scheduling, and much more. Whether it’s touchless payments, credit cards, invoicing, or statements, there's no need to invoice out of QuickBooks or any other software.
SSA organizes everything for you without having you lift a finger and even fulfils your accounting needs on that particular job. You’ll be able to invoice straight out of the accounting. And the cool thing is when your clients make that payment; SSA downloads all of that information into your accounting for that job.
Get in touch for a free demo!
Get in touch with our experts, and we'd love to do a demo with you and show you all the features and functions in SSA.
So, what are you waiting for? Get a demo now. You have absolutely nothing to lose.
Learn more about SSA in their RoofersCoffeeShop® Directory or visit www.ssacapp.com.
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