Credit management software

Credit management software is a digital solution that helps businesses manage and optimise their credit control process. With this software, you gain clear visibility of outstanding invoices, automate payment follow-ups, and reduce the risk of bad debt. The goal is simple: get paid faster, improve communication with customers, and maintain control over your cash flow.

In this article, you’ll discover exactly what credit management software is, how it works, the key features it offers, and how it can quickly improve your liquidity.

Table of contents:

What is credit management software?

Credit management software is a powerful tool that supports businesses in managing and streamlining their credit management system. It’s about far more than simply sending invoices. The software provides insight into outstanding payments, automatically follows up on invoices, and helps you get paid on time.

The aim? Maintain a strong liquidity position, save time by reducing manual follow-ups, and lower the risk of non-payment. Whether you work with a large credit management company or manage everything in-house, having the right software in place can transform your results.

How does Payt’s credit management software work?

Payt’s credit management software automates the entire journey from invoice to payment. Here are some of its most important functions:

Automated follow-up – from the first reminder to the final demand.

Dialogue through the invoice portal– speak directly with customers about payments.

Creditworthiness checks – integration with GraydonCreditSafe provides instant insight into your customers’ financial health.

Smart payment plans – easily proposed by you or your customer.

Our credit management platform combines efficiency with flexibility, ensuring the process works for both you and your clients.

Discover all the features on our features page.

Benefits of Payt’s credit management software

Businesses switching to our best credit management software often see results quickly, including:

• 30–50% faster payments through structured follow-ups
• Up to 80% time savings on debtor management
• Stronger customer relationships thanks to clear and consistent communication
• Improved cash flow and more scope for growth

Curious about what Payt could do for your business? Book a demo today with one of our experts and explore all the possibilities.

Frequently asked questions about credit management software