With the digital age, the mode of payment has changed. Sage 50 Gocardless is designed to minimize the manual work and hassle of regular billing. Earlier companies used to deal directly with banks to process the payment manually, which eventually raised the need of hiring a payment team to upload records and manage spreadsheet. Handling failed payments, cancellation, and another type of transaction issues turns out to be time-consuming. However, Gocardless is the best way to make payments on time thereby reducing the operational time incurred to make payments manually.

The main objective of this international payment network is to break down the barriers so that businesses can make payment anywhere and receive payments from anywhere without the need of seeking the help of bureaus or banks. The entire process is mechanized and fully integrated to support your business. You can automate payment collection and reconciliation to improve cash flowthereby reducing admin overheads.

Steps to Integrate Gocardless with Sage 50 Application

This article pays emphasis on the hassle-free payment method. Let us take a brief look at some of the simple steps to integrate Gocardless with Sage 50 software application:

Create your account

  • Log into your Sage 50 application
  • Go to the setting option.
  • Select Gocardless for Sage 50 and follow the instructions to create your account.

Set-up your customers

  • Select proper records of customer and enter a Direct Debit e-mail.
  • After that, click on Set up Mandate. You can invite in bulk from the main toolbar.
  • You will a link on your registered email id
  • That link will direct you to a simple, secure page to set up their mandate.

Schedule payments

  • Select customer details.
  • Choose direct debit on the main toolbar
  • Select invoices for collection
  • Choose the option full payment or installment
  • Customise the due date

Reconcile automatically

  • After you receive the payment, select settlement option
  • By selecting reconciliation, the data will be updated and all relevant invoices will be marked as Paid
  • You will receive notification regarding detailed information in reports.

Benefits of Sage 50 Gocardless

  • On-time Payment

Businesses are increasingly using this application to manage their accounts on the due date itself. Sage 50 Gocardlesshas streamlined the business and there is no need to chase for payments everymonth. By setting direct debit, an additional method of making payments, the hassle is minimized.

  • Reduces admin overheads

Gocardless is a real time saver. It helps in improving the cash flow and reduces the burden of admin due to automatic reconciliation.  Sage 50 automatically matches all incoming payments with relevant invoice and also handles Gocardless convenience fees.

  • Satisfied customers

The seamless integration of Sage application with Gocardless makes it simple for you to collect and reconcile payments in real time. With this simple and easy to set-up methods, customers are happy with the streamlined cash flow and income. Unlike earlier, when you used to chase a client for payment, this process savesa tremendous amount of time

How small businesses will be benefited by the integration of Sage 50 with Gocardless

Gocardless has allowed businesses to embrace direct debit as a payment solution for customers and help to make the financial system very efficient. The automatic cash collection and reconciliation functions of GoCardless help in processing monthly payments easily allowing the finance team to focus on the core competencies of the company. Let us take a look at some of the points that help businesses easily receive, track and reconcile your payments.

  • Improvement in the flow of cash

There is no need to chase client or customer for late payment or debt. Sage 50 Gocardless make the system of processing payments very easy and you get paid on time.

  • Save money and time

Payment is automatically reconciled in the Sage application. You just need to import existing customers and then start taking payments. This automated process of payment collection reduces the time which was incurred in manual operation.

  • Plug into your business

Gocardless easily integrate with Sage 50 allowing businessmen to take payments by Direct Debit and manage other elements of their business through the integrated system.In addition, Gocardless saves time and eliminates payments admin like manual reconciliation, and gives our customers a clearer real-time view of cash flow.

Sage 50 Gocardless turn payments into a competitive advantage

In the computer age, businesses are eagerly looking for such service providers that can simplify their payment processes, cash flow, and reduces time without wasting time chasing late payments. With Sage 50 Gocardless, the churn of making payments is reduced significantly, thereby keeping customers happy with the hassle-free payment mode.

Direct Debit payment method

  • This innovative online Direct Debit solution is easy to setup, manage and use.

Transform your customer experience

  • This flexible solution allows customers to make the payment on fixed date and time.

Hassle-free method

  • This cutting-edge technology streamlines billing and payment process by sending real-time notification of payment enabling swift processing.

Sage 50 Technical Support

Sage 50 Gocardless has helped in improving the speed and accuracy of the payment process. If you encounter any type of problem or error while making payment, seek the help of AccountingHub. You can get in touch with our Sage 50 technical support team by calling on our helpline number 1 844 313 4856.