Set up a payment plan with automated follow-up
More often than not unwillingness is not the cause of an invoice not being paid. A payment plan often is preferable to a collection process.
Better for your customer relationship
A payment plan often is preferable to a collection process. With Payt debtor management software you can set up a payment plan easily. You can agree on a minimum amount per plan and switch the plan on and off whenever you want and follow-up is completely automatic. It is also possible to offer various invoice payment methods in the payment plan. Offering payment plans to your customers is important part of effective debtor management.
A late payment is often not due to an unwillingness. With Payt, a mutually beneficial payment plan can be setup easily
You can agree on a minimum amount per plan and switch the plan on and off whenever you want. No regular reminders will be send to your debtor as long as the payment plan is active
You or your debtor can take the initiative for a payment plan proposal. Our software will automatically send reminders for due payments
"The amount on our invoices are quite high; not everyone can just pay that. Students or parents can make a payment arrangement online and easily via Payt. A major advantage of this credit management tool".
Students at Alfa-college can view the status of their invoices in real time online. They can pay their tuition fee much quicker and easier. Read it here.
Jeroen van der Ster
Director of Operations
Realistic agreements and reminders for your debtors
Just as with invoices and reminders, Payt ensures that your debtor is reminded of the payment agreements.
Avoid calling in a collection agency
Handing over an overdue invoice for collection can put strain on the customer relationship. Making a payment arrangement is a more amicable solution
No hopeless situations
A payment arrangement helps with fitting arrangements for payment and prevents hopeless situations
Ready to get Payt?
Curious to learn more about how Payt can help improve your credit management? Download our brochure.
5-minute reading time