From software suppliers to telecom providers – and from colleges to webshops – more than 6,000 organisations across a wide range of industries work with Payt’s software. Our customers are more than satisfied, and many of them enthusiastically share their experiences on our reference page.
While we have already received plenty of positive and memorable testimonials, we recently received an especially unique compliment: Afvalcontainershop.nl chose Payt as their Employee of the Month! And that after only being ‘employed’ since June. You can imagine how proud the Payt team is of this recognition.
A hard worker
Afvalcontainershop.nl praised Payt (and the platform) for the fact that tasks are always carried out exactly as agreed. They also described Payt as a real hard worker: since “hiring” Payt, they have achieved a 70% time saving in their accounts receivable management.
To put that into perspective: if previously 1 FTE was dedicated full-time to debtor management, with Payt’s software this was reduced to just 12 hours per week. That means 28 hours per week are now free for other (administrative) tasks.
Reduced DSO
Another key reason Payt earned the title Employee of the Month was its ability to reduce the number of outstanding invoices (DSO) between 30 and 60 days. Tight and consistent debtor management leads to faster payments. For Afvalcontainershop.nl, the number of invoices outstanding for more than 30 days was reduced by 63%.
This doesn’t just improve their liquidity position – it also reduces interest costs. A true win-win.
Care and attention
Afvalcontainershop.nl also feels confident that every outstanding invoice receives the right care and attention thanks to their new “employee”.
Because Payt includes an advanced customer communication system, Afvalcontainershop.nl’s team can easily communicate with customers about outstanding invoices. Employees no longer need to track agreements manually or continuously check the status: all information is automated and available via an online dashboard.
Cost savings
Payt has delivered a 45% reduction in debtor management costs for Afvalcontainershop.nl – almost half of their previous costs.
Payt is glowing with pride over the feedback received. No wonder; anyone else would also feel uplifted by such compliments, right? Would you also like to have such a hardworking, cost-saving, and efficient employee? Feel free to contact us or read more about Payt’s online accounts receivable management!
