Traditionally you need to Issue Invoice to your customers. You issue invoice, you remind your
customer to make payment and you wait for the payment. It takes many hours of staff time. It costs
you a lot of money. When you use VenturePay e-Mandate, it solves all your problems. No need to
issue invoice. No need to call payment reminder. No need to employ staff to remind your customers
VenturePay e-Mandate will help you automate Receiving Payment. Your customer will authorize the
e-Mandate for the collection, for example, the amount to be collected every month, and on what
date. This special feature comes from special collaboration between VenturePay and Bank Islam.
The bank will help you collect the payment. The system will automatically update the customer
account in the CRM sales. The system will automatically send the receipt to the customer.
When you use the Automated Accounting feature, the OfficeCentral will automatically update the
payment status, the receipt is automatically generated, the Customer Portal is automatically
updated. The accounting debit and credit is automatically done. The Accounting Reports like Profit
and Loss, Balance Sheet, Cash Flow, General Ledger and others will immediately be generated.