Follow-up

Track outstanding payments - from direct debit to online payments

Tracking debtors can be a time-consuming and costly activity. In many companies, outstanding payments cause financial risks and write-offs. By adequately following up the outstanding payments, you can considerably reduce the accounts receivable balance and the average number of days it takes for an invoice to be paid. With Twikey, you can automate the arrears collection process. All you have to do is configure a simple workflow. The process is automatically executed following the steps defined. Among others, this includes, the automatic re-offering of direct debit transactions based on the error codes provided by the the banks (R-messages), the sending of emails or SMS with a payment link or letters with a QR code. With a payment link, you can propose different payment methods to your customers and offer them full ease of payment.

By offering more ease of payment, invoices are paid faster.