Monthly Draft or Quarterly Billing

Go Green · 01-19-2009, 05:22 PM

Have a client who does not trust EFT. So we are going to do a quarterly direct billing. My question to all you wise and experienced individuals is the following, "Is there a difference in commision from monthly bank draft, quarterly, semi-annual, or annually with Assurant?" And how would you counter the safety of the EFT transaction? Thanks to any and all replies.

healthagent · 01-19-2009, 05:26 PM

Is your client older? If so quarterly is fine. If not "I don't trust EFT" = "I don't have a bank account" and likely they'll never remit the first payment.

Go Green · 01-19-2009, 06:05 PM

Yes. The client is a 50 yr old business owner.

healthagent · 01-19-2009, 06:07 PM

There's no difference is commish - sounds like a solid deal

somarco · 01-19-2009, 06:22 PM

Don't fight it. I have quite a few clients on quarterly bill. I really enjoy it when those commission checks come in. Get enough of them and every month is very nice.

Go Green · 01-19-2009, 07:14 PM

Thanks for the help guys.