Billing and transactional emails are automated messages sent to customers to inform them about billing-related activities, triggered by specific actions such as purchases, subscription renewals, or payment confirmations. These essential communications include invoices detailing amounts due and payment terms, payment confirmations with transaction IDs, receipts providing transaction summaries, and payment reminders for outstanding bills. Unlike marketing emails, transactional emails provide necessary information related to financial transactions and are crucial for maintaining transparent, timely, and well-documented business communications.
Are you still stuck with paper invoices and typing in data by hand? Here’s a fact that will change your mind: 61% of late invoice payments in the U.S. happen because of simple invoice mistakes. But here’s the good news! Smart businesses using invoice automation workflows pay just $1.83 per invoice compared to $6.20 per invoice for companies stuck with […]
10 Invoice Automation Workflows That Skyrocket Cash Flow Now Read More »
Customer churn continues to plague subscription-based businesses, with the average global churn rate for subscription businesses reaching 5.6% per month [1]. However, businesses that implement pre-billing reminder emails experience significantly lower churn rates on the days leading up to billing cycles, transforming a traditionally problematic touchpoint into a powerful retention tool [2]. What Are Pre-Billing
89% Skip Bills Without Pre-Billing Reminder Emails- Fix This Now Read More »
