Late payments are the most frequent challenge that companies of all sizes face. Unpaid invoices can create financial strain and slow down business growth, resulting in a negative impact on the overall productivity and profitability. Chase down overdue invoices also consumes valuable time, disrupts cash flow, and creates unnecessary stress. Being heavily dependent on manual… Continue reading How to Use SMS for Outstanding Payment Reminders
Category: Finance
How to Protect Customer Data with Encrypted SMS in Finance
Cyber Threats in Finance Are Rising: Is Your Communication Protected? With the advancement of technology, financial fraud and cybercrime are skyrocketing, putting trillions of customers at risk. According to a 2023 report by IBM, the financial industry faced an average data breach cost of $5.9 million—one of the highest across all sectors. Additionally, a recent… Continue reading How to Protect Customer Data with Encrypted SMS in Finance
SMS Marketing for Finance: Types, Benefits, Tips, Use Cases
In this rapidly evolving world of finance, effective communication plays an important role in building trust and ensuring security. SMS marketing in finance has emerged as one of the most powerful weapons to communicate with customers on a timely basis. From sending real-time transaction alerts to promoting financial products, SMS enables organizations to connect with… Continue reading SMS Marketing for Finance: Types, Benefits, Tips, Use Cases
Send Financial Updates to Customers with Automated Personalized SMS Messages in Salesforce
If you have ever taken a personal loan or financing for your business, you definitely receive various SMS messages from your finance company. These messages keep you informed about upcoming due payments, money deposits or withdrawals, current account balance, loan status, updates on portfolio values & returns, and many other events. While SMS has evolved… Continue reading Send Financial Updates to Customers with Automated Personalized SMS Messages in Salesforce