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.
Collection agencies
It is annoying for any company when customers pay late, but even more annoying when customers do not pay at all. It is often necessary to call in a collection agency after payment reminders and demands have been sent. In this wiki we will inform you how to do this.
Improving your liquidity in 6 steps
Your company's liquidity is the basis for a healthy financial situation. In order to improve your liquidity there are 6 simple steps to follow. By applying these steps, you will provide optimal liquidity management in your company.
Step-by-step plan for unpaid invoices
Are there any outstanding invoices from customers? Encourage the customer to pay by following the step-by-step plan below.
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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?
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6 tips for improving accounts receivable management
Accounts receivable is part of the financial success of any company. If payments are nog forthcoming, liquidity is undermined and cash flow is negatively affected. On this wiki page we will give you 6 valuable tips for improving your accounts receivable management.
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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.
Business credit
A business loan makes it easier for companies to cover business expenses. In addition, there are various forms of business loans to consider.
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Cash flow management software
Cash flow management software provides the opportunity to get an optimal grip on the cash flow of your company. In this wiki we will show you how to do it.
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Cashflow software
On this wiki page we will inform about the concept of cash flow software. What is cashflow software? And what are the advantages of the cash flow management software of Payt? Read it on our wiki page.
Credit control software
Credit control software is a perfect tool to optimize the financial management of your company. Your company's financial situation comprises many elements, ranging from accounts receivable management to streamlining incoming and outgoing cash flows. How can you improve and strengthen this position? We will explain it on this wiki page.
Credit management process
The credit management process is a process that provides insight into the outstanding payments of customers, among other things. This insight is of utmost importance because it immediately shows the liquidity or cash flow of your company. In this wiki we will show you how to optimise the credit management process.
Freelance factoring 2.0
Freelance factoring 2.0 takes invoice financing to a higher level. Payt provides an alternative form of financing through its debtor management software. What is it? And why would you use it? We will explain it on this wiki-page.
Optimise credit control strategy
It is important for every company to optimise the size of its working capital. A good cash flow and liquidity can be realised by improving the credit control strategy. In this wiki page you can read how to do it.
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Payment terms for companies and private individuals
There are various rules regarding payment terms. As a company, it is important to know which rules apply to which situation. In this wiki we will give you a solid basis for optimal accounts receivable management.
What is a debtor manager?
A debtor manager is someone who performs activities related to debtor management. Essentially, a debtor manager is concerned with the payment of invoices by debtors and monitoring whether they comply with their payment obligations. Which activities does a debtor manager carry out? And what are competencies of a debtor manager? We will explain it on this wiki page.
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!
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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.