Why choose accounts receivable management software?
Managing outstanding invoices and payments isn’t always easy. Without a clear structure, late payments can pile up—causing cash flow issues. That’s where accounts receivable management software makes a difference. With Payt, you can automate your entire process—from sending invoices and reminders to handling collections—no manual work required.
What you’ll get with Payt:
- Automated follow-up: When an invoice isn’t paid on time, our system automatically sends reminders—right up to the final notice. This can save you up to 80% of your time and speed up payments by 30–50%.
- Various payment methods: Offer multiple payment methods to make it easier for customers to pay on time—improving both convenience and payment behaviour.
- Notes and task lists: Add internal notes to invoices or customer records and assign follow-up tasks to team members for better collaboration.
- Dialogue through invoice portal: Your customers can respond directly to invoices through a clear, user-friendly portal—where they can also see and pay all outstanding bills.
- Smart payment plans: Set up payment plans that are easy to manage—either initiated by you or your customer. Define minimum payments, automate follow-ups, and pause or resume plans anytime.
- E-invoicing: Send and receive invoices in standardised digital formats like UBL or XML. The data is directly imported into the customer’s accounting system—no manual entry needed.
- Artificial Intelligence: Our AI tools help you work smarter. Predict payment behaviour, auto-label messages, follow up on unopened emails—and even initiate calls to your customers. You get more done, with less effort.
Visit our features page to explore everything Payt’s accounts receivable management software has to offer
