Welcome back to the Insider’s Guide to Lightspeed!
One of the biggest challenges dealers face is ensuring that Accounts Receivable (A/R) balances are paid promptly. When payments lag, it disrupts cash flow and impacts the bottom line. But, as we know, if a process is simple, it’s more likely to be done consistently. That’s why Lightspeed has introduced an innovative tool designed to make A/R payments smoother than ever – meet the “Click to Pay” feature, now available in Lightspeed Accounts Receivable.
What Is “Click to Pay”?
Lightspeed’s “Click to Pay” is a secure, browser-based payment link embedded directly within A/R statements, allowing your customers to view and pay their balances online in just a few clicks. By offering a fast, secure payment option, you give your customers a seamless way to manage their accounts with you. This not only makes payments easier but also significantly reduces the time and effort needed on your end to follow up on outstanding balances.
How “Click to Pay” Works
With “Click to Pay,” managing A/R statements and facilitating prompt payments has never been easier. Here’s a quick breakdown of how it works:
- Generate Statements with Ease: As you create A/R statements, you’ll notice a new “Click to Pay” icon in the customer record, indicating which customers have this payment option available.
- Select Customers for Click to Pay: In the Statements screen, simply check the boxes for customers with email addresses. At the top, there’s a convenient “Select All Click to Pay” option to quickly choose every eligible customer in just one step.
- Send Statements with Embedded Links: Once you’ve selected your customers, the statements are sent via email. Each statement includes the unique, secure “Click to Pay” link, enabling your customers to remit their payments without extra steps or hassle.
- Receive Prompt Payments: Customers follow the link, pay using a credit card, and you receive the payment, reducing your outstanding A/R balances while giving your team more time to focus on other priorities.
Benefits of “Click to Pay”
- Secure Payments: Customers receive a trusted, encrypted link that gives them confidence in the security of their payments.
- Convenience & Speed: Payments can be made anytime, from anywhere, making it easy for customers to settle their balances promptly.
- Improved Cash Flow: Timely payments help maintain steady cash flow, supporting the financial health of your dealership.
- Reduced Administrative Tasks: No more chasing down payments or following up on unpaid balances. “Click to Pay” simplifies the entire A/R process, saving you and your team valuable time.
Ready to Get Started?
Implementing “Click to Pay” is easy and can be integrated into your existing A/R routine. By providing customers with an efficient and secure way to pay their balances, you’re not only making your life easier but also enhancing their experience with your dealership.
Learn More
Curious about how this feature can benefit your dealership? Click here to watch our Click-to-Pay webinar.
Bryan Tierney
When I think back on my childhood, some of my fondest memories are the Saturdays I spent with my dad at the local motorcycle shop. There was something special about walking through those doors and being surrounded by all the shiny new bikes on the showroom floor. The atmosphere of the shop was intoxicating, and I knew from a young age that I was hooked. As I got older, my love for the Powersports Industry continued to evolve. I landed a job behind the parts counter of that very same dealership and started my career using Lightspeed. It's hard to believe that was over thirty years ago! Over the years, my role with Lightspeed has changed many times, but the feeling I get when I’m in a dealership or at an industry event, always takes me back to those Saturdays with my dad. There's something truly special about this industry and the people within it, and I feel incredibly fortunate to be a part of it.
