Why use accounts receivable management software?
Managing outstanding invoices and payments can be a challenge for many businesses. Without a structured accounts receivable process, you risk late payments—which can disrupt your cash flow. That’s where accounts receivable management software comes in. Our tool helps your business automate invoice delivery, send timely payment reminders, and manage collections—without the need for manual follow-up.
Here’s what our platform offers:
- Automated follow-up: When a payment is overdue, our system automatically initiates a reminder process—right up to the final notice. It saves up to 80% of your time and speeds up payments by 30–50%
- Various payment methods: Make it easier for customers to pay by offering different payment options. This improves payment behavior and increases the likelihood of on-time payments.
- Notes and task lists: With the internal notes feature, team members can leave comments on specific invoices or customer profiles. You can also assign tasks to yourself or a colleague for seamless collaboration.
- Dialogue through invoice portal: With Payt, your customers can respond to specific invoices directly in the invoice portal. All invoices are listed clearly, and customers can see exactly what they owe—and pay right away.
- Smart payment plans: Easily offer or accept payment plans through the platform. You can set a minimum amount, and the system will take care of the follow-up—just like with invoices and reminders. Plans can be turned on or off at any time.
- E-invoicing: E-invoicing means sending, receiving, and processing invoices in a fully digital, standardized format like UBL or XML. This allows invoice data to be directly imported into the recipient’s accounting software—without manual entry or checks.
- Artificial Intelligence: By using AI, we make your work even easier. Our AI modules support you with tasks such as predicting customer payment behavior, automatically labeling incoming messages, and following up on emails that haven’t been opened. Even phone calls with your customers can be handled automatically. This means you have more time to focus on what truly matters.
Explore all the features our accounts receivable management software has to offer on the features page.
