Save time and money with Twinfield and Payt

The benefits of integrating Twinfield with Payt

Faster payments

Payt ensures consistent accounts receivable management, allowing your invoices to be paid more quickly.

Fully automated accounts receivable management

Payt’s software automatically follows up on outstanding invoices while you maintain control over the process and personal contact with your debtors.

Lower DSO

A lower DSO improves your cash flow, reduces interest costs, and minimizes write-offs due to unpaid invoices.

About the integration

The integration between Twinfield and Payt enables the automatic transfer of (overdue) invoices to Payt. This connection allows you, as a Twinfield user, to automatically initiate reminder workflows. In doing so, Payt automates your organization’s debtor management, cutting your current workload on receivables in half. In addition, the average outstanding balance decreases by more than 30%.

After a customer receives their invoice, Payt ensures prompt follow-up on your behalf. In most cases, this means you receive your money within just a few days.

It’s also possible to start an automated and fully legally valid (pre-)collection process via the SmartCollect module, if payment is not made on time. You may keep the collection fees charged to your customer as additional revenue.

About Twinfield

With Twinfield’s accounting software, accountants and entrepreneurs can collaborate smoothly. Twinfield’s online bookkeeping offers integration possibilities with other software via the Appstore. The company, part of Wolters Kluwer, aims to grow internationally and expand its services further. Over one hundred thousand users enjoy working in the system daily. Twinfield has clients around the world and continues to grow each year.

A selection of our customers who rely on Payt every day

"The fact that we initiate very few collection processes each year demonstrates that Payt's debtor management simply works."

Janneke van der Velde Head of finances

With one

push on the button, the entire file can be handed over to a bailiff if necessary.

"The entire invoicing process, from sending invoices to reminders to collections, is handled by Payt. The great thing is that even though the process is automated, you still have a lot of control over each step."

Jasper van Hattem Business Analyst

80%

of the reminders are paid within 24 hours

Ready to get started with Payt? Schedule a demo with Thymen.

Frequently asked questions about this integration

Can I also send bundled reminders?

Yes, you can set this up yourself based on payment terms. It is also possible to send regular reminders to certain customers and bundled reminders to others.

Can I assign different permissions and roles to my employees?

Yes, this can be easily set up in Payt.

Can I automate the calculation of administrative fees?

Yes, that is possible. This can be based on a percentage of the invoice amount or a fixed fee.

Did not find your answer? Schedule an online demo.

Twinfield