Wells Fargo has introduced Online Invoicing through Wells Fargo Business Online for small businesses. The new service facilitates small business owners to create and send invoices and receive payments online.
With Online Invoicing through Wells Fargo Business Online, small business owners can create professional invoices with templates, customizing the look with their own logo, business information, payment terms, discounts and penalties; receive invoice payments from customers via bank transfer, debit or credit card; set up automated email payment reminders and past-due notices; and streamline reconciliation with reporting tools that show if an invoice is paid, outstanding or past due, according to the company.
The company has also said that with Online Invoicing small business customers will receive invoices via email with both a PDF attachment and a link to the Wells Fargo Online Invoicing Payment Hub, where they can view invoices and make payments online. They can pay invoices online or by check and they can track invoices and their payment status all in one place.
Wells Fargo Business Online includes integrated online payment services like: Business Bill Pay, Direct Pay and Foreign Exchange Online.
Richard Weeks, senior vice president at Wells Fargo’s internet services group, said: Now, small business customers can view account balances, activity and future cash flow on one secure web site. Small business customers can potentially get paid faster, and having a strong and steady cash flow is more critical than ever.
