Overview
For companies with B2B transactions, payment processing demands a certain level of efficiency, cost control, and integration with existing systems. When HED Cycling needed a more streamlined way to manage invoices and payments, they partnered with Evolve Payment to modernize their process and reduce unnecessary friction.
Working Together for a Better System
Before working with Evolve Payment, HED Cycling relied on a custom-built payment application. While functional, the system created limitations. It did not integrate directly with QuickBooks, which led to additional manual work and inefficiencies in their accounting workflow.
Like many growing companies, their internal processes had evolved over time. The existing setup required extra steps to track invoices and maintain accurate records. Evolve Payment worked closely with HED Cycling to evaluate their current workflow and identify opportunities for improvement.
The goal was simple: reduce manual effort, improve visibility, and create a more seamless payment experience.
Transitioning to a Smarter, Integrated Setup
Evolve Payment helped sunset the legacy system and introduced a solution designed to integrate directly with QuickBooks. By leveraging tools like Biller Genie, ACH processing, and a virtual terminal, HED Cycling was able to centralize its payment operations.
This transition eliminated the need for disconnected systems and manual reconciliation. Payments could now flow directly into their accounting platform, reducing administrative workload and improving accuracy.
The result was a more efficient internal process that allowed their team to spend less time managing payments and more time focusing on business growth.
Implementing Dual Pricing for B2B Efficiency
In addition to improving internal workflows, Evolve Payment introduced dual pricing as part of HED Cycling’s payment strategy.
Dual pricing allows businesses to offset credit card processing fees by offering customers a lower price for cash or ACH payments and a slightly higher price for card transactions. For companies with B2B relations, where transaction sizes are often larger, these fees can quickly add up.
By implementing dual pricing, HED Cycling gained greater control over processing costs without disrupting the customer experience. The setup was seamless, and the pricing structure was clearly and compliantly communicated to their customers.
Why Dual Pricing Matters for B2B Companies
For many organizations, payment processing fees are a significant—and often overlooked—expense. Unlike B2C transactions, B2B payments frequently involve higher dollar amounts, which means even small percentage-based fees can have a large impact on margins.
Dual pricing provides a practical solution by:
- Reducing or eliminating processing costs
- Encouraging lower-cost payment methods like ACH
- Preserving margins without raising base prices
- Creating transparency in how payment costs are handled
When paired with tools like ACH and QuickBooks integrations, dual pricing becomes even more effective. Businesses can streamline operations while improving their bottom line.
A Partnership Built on Transparency and Results
HED Cycling’s experience reflects the value of a relationship-focused payment partner:
“Evolve Payment is great to work with. Their team is professional, responsive, and reliable. Communication has been clear and timely, and they take the time to understand our business needs.
It has been a smooth experience from onboarding through ongoing support, and we value the transparency and long-term approach they bring to the relationship. We confidently recommend Evolve Payment to others looking for a dependable payment partner.”
— Andrew Hed
Helping B2B Companies Simplify and Save
If your business is dealing with disconnected systems, manual reconciliation, or rising processing costs, there is a better way.
Evolve Payment helps B2B companies implement integrated payment solutions, including ACH, virtual terminals, QuickBooks connectivity, and dual pricing strategies that protect margins and improve efficiency.
Whether you are looking to modernize your payment workflow or reduce unnecessary fees, the right partner can make the transition simple and impactful.
Ready to build a smarter payment process? Give us a call or request a free cost analysis.