Enhancing Business Software to Increase Revenue

Topics:
Electrical and Electronic
Tags:
Business Software,
Software,
Revenue,
PaySimple,
Payment Processing,
Operational Accounting,
Management,
Finance,
Enterprise Software,
Tools & Techniques
Source:
PaySimple

Vendor Registration: required

Overview: Most business software is designed to enable customer tracking, invoice generation and invoice printing. However, most business software applications don't take the logical next step of enabling automatic billing and collection of monthly charges. By omitting this crucial last step, the software vendor unnecessarily complicates and lengthens the receivables process for users and also passes up the potential for additional ongoing revenue streams. This paper provides strategies for integrating a payment processing module into a business application software package to both enhance functionality and increase revenue.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: PDF | Size: 633KB | Date: Aug 2006 | Pages: 10

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