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Every month, 1.5 million invoices are sent using our platform!

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Using Artificial Intelligence in credit management

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The labor market is under pressure. The availability of skilled professionals is shrinking, while workloads remain the same—or are even increasing. At the same time, repetitive tasks are becoming less attractive to employees. In this changing landscape, Artificial Intelligence offers a solution. With AI, your organization can handle more work with a smaller, highly skilled team. Payt’s AI capabilities are designed to make your work easier. Our AI modules are continuously being developed and expanded. Below are the features already available:

Payment Prediction

Want to know when an invoice is likely to be paid? Payt’s payment prediction module uses AI to analyze vast amounts of data and build predictive models. Based on these insights, you can automatically take action, such as:

  • Sending reminders earlier or later, based on predicted behavior
  • Escalating risky invoices faster
  • Automatically initiating a call with the customer

Labeling

Thousands of messages are received by our customers every day. AI helps label these messages automatically, allowing you to sort, archive, and follow up faster. Example labels include:

  • Invoice inquiries
  • Requests for payment plans
  • Payment confirmations

Want to let the AI worker arrange a payment plan with your customer? That’s also possible.

You can request these modules through our service desk.

What’s coming next?

Behind the scenes, we’re working hard on introducing even more AI functionalities into our software. One of these is the ability for the AI worker to make phone calls.

Quick Phone Call

It happens more and more: invoices get lost in spam folders, unnecessarily delaying payments. With Payt’s AI worker, this is easily solved. The AI worker calls the customer to help locate the email and ensures your email address is whitelisted for future communication.

  • Confirm that the email has been received
  • Assist with whitelisting
  • Notes from the call are logged directly in your dashboard
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"We have gone from 0 to 64 automatic direct debits per month. Plus, we no longer spend time reminding and following up on outstanding invoices."

Nando van Beek Founder and owner NVBIT

Curious about the possibilities of Payt?

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Automated follow-up

Our software enables automated invoice follow-ups, helping you stay in control, reduce workload, and enhance your cash flow.

Dialogue through invoice portal

Payt maintains seamless communication with your customers, promoting improved payment behavior and providing clear insights into overdue payments.

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