A solution for a constant cash flow during (and after) the Coronavirus crisis

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Sander Kamstra April 7, 2020
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Due to the Coronavirus crisis, a positive cash flow is extra important for the survival of almost every organization. Additionally, it is important to maintain a good relationship with customers by staying in touch, so that customers remain loyal. With Payt, you can ensure both.

Payment Arrangement for Cash Flow

With the debtor management platform from Payt, you can offer a payment arrangement to customers, in addition to financing and strict follow-up of invoices. This gives you the opportunity to directly contact the customer or debtor, allowing you to proactively offer them the option to pay later. You can agree on weekly or monthly repayments, ensuring your cash flow and liquidity remain as stable as possible. As long as the payment arrangement is active, no regular reminders or warnings will be sent to the debtor.

Win-Win Situation for Customer Relationship

In this way – thanks to a payment arrangement – a win-win situation arises. You make an agreement with the debtor that works best for them. Together, you determine the amount to be repaid and the term: weekly or monthly? Moreover, you can decide when the arrangement expires. This situation is beneficial for both parties, as money is still coming your way – which is good for cash flow – and by maintaining contact and offering a solution, you strengthen the customer relationship. This is beneficial for the survival of both the debtor and yourself!

Especially in these times, it is important to think in terms of solutions. Do you need a consultation on how to maintain cash flow and liquidity with Payt? Click the button below to request a completely non-binding (online) consultation. We are happy to assist you further.

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By Sander Kamstra

Sander, director and co-founder of Payt, has brought innovation to the industry with his passion for software and entrepreneurship.

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