In today’s challenging economy, managing cash flow is more crucial than ever for CFOs. With inflation, supply chain issues, and tight margins, many traditional approaches just don’t cut it anymore. One smart strategy gaining traction is credit card acceptance with surcharging. It allows businesses to offer convenient payment options while passing the processing fee to the customer. This speeds up cash inflow without eating into profit margins—a win-win for B2B businesses.
Why This Matters:
Traditional 30-90 day payment terms delay revenue
Credit card payments help speed up the cash cycle
Surcharging offsets transaction fees, preserving profit
Surcharging is legal in most U.S. states and widely accepted when disclosed transparently. Customers still have the option to pay via ACH or check, while those preferring cards can opt-in knowing the surcharge upfront.
Ready to Rethink Your Payment Strategy? Advanced ERP-integrated payment tools now make surcharging easy to manage and compliant. Businesses using Microsoft Dynamics 365 can integrate automated surcharging directly into their workflows, streamlining everything from invoicing to reporting.
FAQs
Is surcharging legal everywhere? It’s legal in most U.S. states, though some like Connecticut and Massachusetts restrict it. Always confirm with a legal advisor.
Will customers accept surcharges? Yes, especially when transparency is maintained. Many B2B customers value speed and flexibility and accept small fees.
Can this be automated? Yes. Advanced ERP-integrated payment modules can automate surcharge calculations and ensure accounting compliance.
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