Wikipages

In this overview you will find all our wikipages
Cash management software
Today’s best cash management software streamlines and automates financial functions, giving corporate treasurers the control over their operations and working capital risk. Cash management software solutions enable teams to manage their payment processes efficiently and quickly. On this wiki page you will find all the information you need to know about cash management and how it can get you cash flow back on track.
Illustration of the 'Business' newspaper
What is debtor management?
On this wiki page we will inform about the concept of debtor management. What are debtors? What is debtor management? And how do I ensure it to be efficient and effective?
Illustration of the 'Business' newspaper
What is invoice financing
On this wiki page we will inform about the concept of invoice financing. What is it? How does invoice financing work? And what are the differences with factoring?
Photo of a bank card
Advantages and disadvantages of invoice financing
On this wiki page we will inform about the advantages and disadvantages of invoice financing. It can be beneficial for both large and small companies, but there are a few things to keep in mind when deciding whether this is right for your business.
Illustration of a jar with money
What is credit management?
On this wiki page we will inform about the concept of credit management. What is the difference between debtor management and credit management? And why is it smart to outsource your credit management?
What is factoring?
On this wiki page we will inform about the concept of factoring. What is traditional factoring? What are the advantages and disadvantages? And what is the difference with modern factoring?
Charging interest over overdue invoices: how to implement?
On this wiki page we tell you about interest rates, when it's appropriate to charge interest on overdue invoices and how interest is calculated.
How to reduce your DSO?
On this wiki page we will give you tips and tricks to help you reduce your Days Sales Outstanding.
Illustration of the book: how to win friends and influence people by Dale Carnegie
How to win friends and influence people: debtors edition
In this wiki we have taken a look at the world-famous book How to win friends and influence people by Dale Carnegie and how its advice can be leveraged by finance teams to achieve amazing results with their credit management.
How to write an invoice letter?
On this wiki page we will inform about how to write an invoice letter in order to get paid faster and maintain your cash flow. Get tips on how to do it!
Illustration of a pen and paper
How to write an overdue invoice letter
On this wiki page we will give you tips on how to write an overdue invoice letter. When do you send a late payment reminder letter? What communication means works best? And how to write one?
Order to cash
In this wiki we will explain what order to cash (O2C or OTC) is, how you can optimise your order to cash process and what software you can use.
Overdue invoices
In this wiki we will how you can solve the problem of unpaid or overdue invoices with the smart cloud software of Payt
Illustration of an alarm clock
What is an invoice reminder?
On this wiki page we will explain what an invoice reminder is, how you send an invoice reminder, and how you could be more effective when it comes to invoice reminders.