Payt

Payt is an intelligent software solution for managing accounts receivable, designed to streamline credit management processes and expedite invoice payments. According to the vendor, Payt caters to businesses of all sizes, from small entrepreneurs to international multinationals, and is utilized across various professions and industries including accounting, automotive, childcare, dental care, education, wholesale, webshops, finance, business management, service-based sectors, and manufacturing and distribution companies.

Key Features

Seamless Integration: Payt seamlessly integrates with over 600 industry-specific software packages, allowing for effortless integration with existing business software. The vendor claims that this integration enables automatic recognition of the appropriate customers for invoice distribution.

Automated Invoice Tracking: Payt automates the tracking of invoices and offers multiple payment methods to expedite payment. According to the vendor, this automation can save up to 80% of the time typically spent on accounts receivable management.

Easy Implementation: Payt offers easy implementation, allowing users to quickly set up and start using the software within an hour. The vendor states that the one-click integration with invoicing and accounting software simplifies the process and ensures a seamless connection.

Automatic Follow-up: Payt automatically follows up on outstanding invoices, ensuring consistent communication with customers. Integrated internal notes keep colleagues informed of the progress and status of the invoices, as claimed by the vendor.

Quick Insights: Payt provides quick insights into outstanding balances, billing process phases, and invoices requiring action. The vendor asserts that Payt's data management and security policy are externally certified (ISO 27001), ensuring comprehensive certification and regular reviews.

Registered Email Reminders: Payt enables the sending of registered email reminders, ensuring secure and efficient delivery of important documents. According to the vendor, personalized communication with debtors is supported, maintaining a personal touch while still benefiting from automation.

Various Payment Methods: Payt offers various payment methods to provide convenience for customers and facilitate invoice payments. Users can also propose payment plans tailored to specific situations, aiding in timely payments, as stated by the vendor.

School Holiday Period: Payt allows users to designate school holiday periods during which payment reminders are not sent to students. The vendor highlights that Payt's multilingual support ensures effective communication with a diverse student population.

Customer Portal: Payt provides a customer portal where debtors can access real-time invoice status and make payments. Reminder notifications can be sent to debtors via text message, improving communication and encouraging prompt payment, according to the vendor.

Automated Reversal Routes: Payt automates reversal processes and payment arrangements, enhancing the efficiency and effectiveness of accounts receivable management. The vendor emphasizes that Payt can be easily integrated with existing systems and portals, ensuring a seamless connection and streamlined processes.