Name: Payt
Author: Payt

Help Desk

Web and Video Conferencing

Customer Support

Java Technologies

Service Mesh

Development

Academic Advising

Education

Business Intelligence (BI)

Collaboration

Desktop Publishing

Enhanced 911 (E911)

Interactive Voice Response (IVR)

Risk Management

VoIP

Enterprise

Accounting

Crypto Asset Management

Invoicing

Finance and Accounting

Applicant Tracking

Corporate Learning Management

Credentialing

HR Management

Leave Management

Payroll

Recruitment Automation

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

Application Infrastructure

Cloud Storage

Data Masking

Email Verification

File Sync and Share

Fraud Detection

HTML Editors

IT Asset Management

Integration Platform as a Service (iPaaS)

License Management

Log Management

Machine Learning

Network Performance Monitoring

Network Troubleshooting

Operating Systems

Remote Support

Secret Managers

Software Distribution

Tape Storage

Threat Hunting

Threat Intelligence

Vector Databases

VoIP Monitoring

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Brand Intelligence

Content Management

Email Marketing

Graphics

IP Geolocation

Marketing Automation

Social Login

Social Media Management

Survey & Forms Building

Swag Management

URL Shorteners

Web Analytics

Marketing

Project Management

Professional Services

Customer Relationship Management (CRM)

Sales Acceleration

Sales

Video Surveillance

Security

Auto Repair

Building Information Modeling (BIM)

Emergency Notification

HIPAA Compliance

Laboratory Information Management

Legal Billing

Vertical-Specific

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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.

Maxio helps B2B SaaS companies maximize their revenue operations. The financial operations platform is designed to meet the unique financial challenges of B2B SaaS, including billing, subscription management, revenue & expense recognition, and SaaS metrics & analytics.

Grow

Scale

Build

Maxio

Melio is a small business-oriented  Accounts Payable tool, presented as a service that helps small businesses keep up with business. A B2B payments experience and payment workflow designed to be simple, and to enable businesses to pay domestic and international vendors, expedite payments, or pay by card.

Card processing fee

Melio

Payt

Accounts Receivable

Functionality differs depending on the complexity of the product, and whether it’s a point solution or part of a Sales technology suite. Features may include:

Invoice Control

Allows users to create and send invoices to customers for payment.

Payment Tracking

Enables users to track and record customer payments and apply them to the appropriate invoices

Credit Management

Provides tools for managing credit limits, monitoring customer creditworthiness, and setting credit terms.

Aging Reports

Generates reports that show the age of outstanding invoices, helping users identify and prioritize collections efforts.

Customer Statements

Allows users to generate and send periodic statements to customers detailing outstanding balances.

Automatic Reminders

Sends automated reminders to customers with overdue invoices to prompt payment.

Payment Reconciliation

Streamlines the process of matching incoming payments with outstanding invoices.

Dispute Resolution

Provides tools for managing and resolving disputes with customers regarding invoices or payments.

Financial Reports

Generates reports that provide an overview of accounts receivable, allowing users to analyze trends and make informed decisions.

Integration with Accounting Systems:

Allows for seamless integration with other accounting software, enabling a smooth flow of data between systems.

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Payt

Overview

What is Payt?