In the current economic climate, more veterinary clients are making decisions about where to take their pet based on cost, and the availability (or lack of) payment plan options.
If you are already offering payment plans through third-party financing, it may not be enough. Some of your creditworthy clients are getting declined for such plans, as it has become more difficult to qualify.
EBCS offers you an additional option for increasing your case acceptance, reducing delinquencies, and improving client retention rates, all at no cost to your practice. We can provide full support for an in-house payment plan, offered through your practice, but completely managed by our professional team.
For more information, call us at 800-766-1918, or contact us through our website, www.ebcs-solutions.com
Professional
Payment Plan Management for Veterinary Practices
Benefits to your clients:
- Manageable recurring payments to fit any budget
- Multiple payment options:
o
Only
need an active checking or savings account to enroll; credit card billing also
available (card fees apply)
- No Interest – NOT a financing plan
- Flexible drafting dates for ease of budgeting
- Auto-debit transactions are convenient for clients
- Online account access allows clients to make changes to personal/banking info, view payment history, even make online payments
Benefits to your practice:
- Give clients additional options to help them pay, and reduce your receivables
- Increase client retention & maintain goodwill
- Instant credit & payment plan recommendations minimize the risk to your practice
- Formalizing the payment plan process and using auto-debiting increases chances of getting paid, vs. relying on informal agreements, or holding credit card information & post-dated checks – a security risk to your practice
- Save time – stop worrying about making repeat phone calls, sending e-mails, letters & invoices
- EBCS completely manages your payment plans, so no additional work is created for your staff:
o
E-mail
reminder notices sent prior to debits (optional)
o
Our
customer service team handles all inquiries regarding payment plans
o
We follow up on failed transactions: Courteous phone and e-mail contacts
with clients
- We can arrange payment plans for your current delinquencies, increasing your chances of payment recovery in full, up to 120 days
- Our Online Client Portal provides web access to comprehensive reports: remittance, delinquency, and customized reports, for easy posting to your accounting package
- No software to buy, learn, or integrate; we are a complete payment plan management service
- You can create payment plans according to your terms and conditions, not ours
Stop losing 5 - 10% of your treatment fees!
SUPERIOR
SAVINGS & SERVICE COMPARED TO 3RD PARTY FINANCING
REFER FEWER ACCOUNTS TO COLLECTION AGENCIES & SAVE ON FEES
* For instant credit & payment plan recommendations there is a one-time set-up fee and a nominal fee is charged for each credit inquiry
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