Many companies and organisations in the Netherlands are facing a major challenge in maintaining cash flow and liquidity as a result of the Coronavirus. According to Payt director Sander Kamstra, they will not have to face this alone in the coming period. Kamstra – not only a director, but also a credit management expert – shares his view on the situation and explains how Payt is offering ‘financial’ support to entrepreneurs across the Netherlands.
“We are, to put it mildly, in a difficult period. Most companies have been heavily affected by the measures introduced due to the Coronavirus. It is probably for the best, although I can’t keep up with every measure. But that doesn’t matter – we need to get through it together,” says Kamstra.
Maintaining cash flow and liquidity
“Many companies and organisations are also facing what may be their biggest challenge ever: maintaining cash flow and liquidity. Both must remain healthy in order to pay employees, rent and suppliers – and that is certainly not easy in this situation. Fortunately, the government has pulled out all the stops to support businesses as much as possible during the Coronavirus crisis.”
To help businesses manage this challenge, Payt is now focusing on sharing knowledge in the field of credit management and debtor software.
– Sander Kamstra, director of Payt.
Knowledge sharing on credit management and debtor software
Kamstra continues: “Although I don’t agree with the usefulness of every measure being taken, I do understand that many companies and organisations do not want to redesign their business processes during this period. The focus is – and must be – on maintaining cash flow and improving liquidity. To support this, we are now sharing knowledge about credit management and debtor software. We do this through an online advisory meeting. In addition, we are offering all entrepreneurs in the Netherlands the opportunity to use Payt free of charge for the first month.”
We are going to help you
During the advisory meeting, one of our experts will explain how you can use Payt’s software to support cash flow and liquidity as effectively as possible during this period. We also cover:
- How Payt ensures faster payment of invoices and reduces the number of outstanding items.
- How to correctly record and efficiently follow up on payment agreements.
- How Payt makes debtor management more effective and easier for you and your debtors.
The online advisory meeting lasts around 30 minutes. If you don’t need a meeting but would still like to implement Payt, you can take advantage of the opportunity to use our software free of charge and without obligation.
Kamstra: “Finally, I wish all entrepreneurs in the Netherlands a lot of success. Hopefully, everyone stays healthy and able to keep the business afloat.”
