Jump into a new sales experience!

By Briquelle Simpson, JobNimbus. 

The new down payment system included in JobNimbus can improve your profits, stabilize your income and improve your professionality. 

Recently, SumoQuote joined JobNimbus through an acquisition. JobNimbus’ CRM (customer relationship management) and project management tools paired with the  estimating tools from SumoQuote make for a match made in heaven and we are excited to keep developing a more robust, new sales experience. One of the first parts of this collaboration to be released is the ability to request down payments from your clients. No matter what part of the industry you’re in, roofing, gutters or siding, these projects are big investments. To help build security, many contractors utilize deposits or down payments at the beginning of the job to keep clients engaged and invested in the project. This new ability to get these types of payments within JobNimbus streamlines your entire process for simplicity and efficiency’s sakes.  

How it works 

You’ll have the option to request a down payment via the Authorization page when creating an estimate. You can choose whether the deposit is a dollar amount or a percentage. Your choice will then be reflected on the authorization page when the homeowner signs the estimate, as well as the final PDF contract. 

All JobNimbus users can collect down payments, but the process is different if you currently do not have JobNimbus Payments, JobNimbus’s in-house payment processor.  

If you don’t have JobNimbus payments 

You’ll collect the payment manually through your method of choice; you won’t have an option for the homeowner to pay digitally through JobNimbus. 

If you do have JobNimbus payments 

With JobNimbus Payments, homeowners can pay the required deposit immediately after agreeing to the project terms without navigating away from the payment process. 

If there is only ONE signee for the estimate 

Your customer will immediately be taken to a payment page once they sign the estimate. In the email they receive with their quote, your customer will also have a button to submit their down payment to you digitally. 

If there are MULTIPLE signees for the estimate 

Once all required signees sign the quote, they will each receive an email with the signed quote PDF and the payment button. 

3 Perks of requesting down payments from your customers 

Down payments can be a major asset to your business. Here are just a few benefits that come from requesting down payments. 

1 - Improved cash flow 

Requesting down payments helps contractors manage expenses and maintain a healthy cash flow by receiving a portion of the payment upfront. Not sure how much of a deposit to ask for? Check out this guide to how much your down payments should be. 

2 - Financial stability 

Securing payments early on through down payments ensures financial stability and reduces financial risks during projects. 

3 - Professional sales experience 

Smoothly transition homeowners from signing an estimate and paying a deposit to getting them on the path to paying their final invoice. Present your polished proposal and the requested down payment in the same flow, eliminating friction in the process. 

Try out down payments 

The advantages of requesting down payments will help your contracting company flourish. See it in action for yourself by trying out the new down payments feature in JobNimbus today. 

NOTE: Down payments and the New Sales Experience are currently available to new JobNimbus customers and some beta users. General availability to existing customers will roll out over the coming weeks and months. 

Original article source: JobNimbus