From software suppliers to telecom companies and from colleges to webshops: more than 6,000 organizations in very diverse industries work with Payt’s software. These customers are more than satisfied with Payt and enthusiastically and frequently share their experiences on our reference page.
Although we have already received many special and positive references, we recently received a very special compliment: Afvalcontainershop.nl has chosen Payt as employee of the month! And this while we have only been ’employed’ since June. You understand: the Payt team is particularly proud of this title.
Hard Worker
Afvalcontainershop.nl complimented (the platform of) Payt with the fact that the tasks are always carried out as agreed. Moreover, according to Afvalcontainershop.nl, Payt is a very hard worker: since Payt has been employed, a 70% time saving has been achieved in accounts receivable management. For illustration: suppose previously 1 FTE was fully dedicated to the organization’s accounts receivable management, with Payt’s software this has been reduced to just 12 hours. This means that 28 hours per week have been freed up for other (administrative) tasks.
Reduction of DSO
Another important skill that Payt was awarded as employee of the month is reducing outstanding invoices (DSOs) between 30-60 days. Tight and consistent accounts receivable management ensures you get paid faster. For Afvalcontainershop.nl, the number of invoices outstanding for more than 30 days was reduced by 63%. This not only improves the liquidity position but also lowers interest costs. A win-win situation!
Care and Attention
Another compliment Payt received is that Afvalcontainershop.nl is 100% sure that every outstanding invoice receives the right care and attention thanks to its new employee. Because Payt has built an advanced customer communication system into the platform, employees of Afvalcontainershop.nl can easily communicate with customers about outstanding invoices. The employee does not have to keep track of the agreements themselves and check the status each time: the information is fully automated via an online dashboard.
Cost Savings
Payt has achieved a 45% cost saving on accounts receivable management for Afvalcontainershop.nl; that is almost half of the former costs.
Payt is glowing with pride over the feedback received. No wonder; anyone else would also feel uplifted by such compliments, right? Would you also like to have such a hardworking, cost-saving, and efficient employee? Feel free to contact us or read more about Payt’s online accounts receivable management!
