For furniture, electronics, machines and other high-value items, many customers can afford to buy only if they can pay over time. Instalments open those sales, but only if you can keep track of every payment due.
The risks
- Payments missed because nobody noticed.
- Balances that do not match what the customer believes they owe.
- Stock released before the agreed deposit.
Instalments in cBiZ
Buy-now-pay-later plans are set up on the sale, with the schedule of what is due and when. Payments by M-Pesa, card or bank are matched to the plan, receivables aging shows what is overdue, and Due Collection supports follow-up.
Good practice
- Agree the schedule in writing at the sale.
- Send a reminder before each due date.
- Review overdue plans weekly.
Ready to see it in your business? Start a 30-day free trial of cBiZ, with no credit card and nothing to install, or talk to our team: call 0751 650 020, WhatsApp +254 751 650 020 or email sales@cybcorp.tech.