This is a guest post by PayU.
Fintech has fueled the growth of millions of businesses across the globe, allowing them to reach markets worldwide from the comfort of their couch—completely remotely. And this has been possible only due to recent advancements in the digital ecosystem; not just in fintech, but also in e-commerce, logistics, procurement tools, and more. While we're witnessing an era of innovation and transformation, there are a few gaps that still exist.
Bringing efficiency to existing processes
Businesses often struggle with disorganized invoicing, relying on traditional payment instruments, dreaded double data entry, payment value mismatch, and tracking payment collection from several customers on threaded emails. Alternatively, businesses that work with multiple vendors for different needs have to juggle multiple platforms to complete vendor payments and timely disbursal.
This tedious process is exactly what the PayU for Zoho Books integration addresses. Businesses can send invoices with the payment link, or just share the invoice link with their customers from Zoho Books. Once the payment is made, the status of the corresponding invoice is automatically updated. This simplifies and streamlines the payment collection process to be more efficient while helping you save big on both time and money!
A payment solution you can’t say no to
The PayU and Zoho Books integration brings with it the following powerful features for businesses across the industry:
- Offer your customers a seamless checkout experience with 100+ payment options, such as credit cards, debit cards, UPI, wallets, net banking, and more, while also enabling international payments with minimum documentation.
- Easily track the real-time status of payments requested, and handle reconciliation through the Zoho Books dashboard. Businesses can simply send invoices with payment links or share invoice links with their customers.
Final thoughts
This integration aims to break the age-old siloed approach of managing finances while making the payment process simpler. Indian businesses, operating from any corner of the world, are now able to manage their leads, as well as process and track all their online payments, all via one robust platform.
We've all been hearing and dreaming about a cashless economy, but this will only be possible if all stakeholders in the ecosystem can access secure and hassle-free online payments.
Together, let’s welcome a new way of doing business with ease.
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