Introducing 24SevenOffice's New Automated Invoice Reminder and Debt Collection Solution

Never before has it been more crucial to have full control over your own liquidity. Challenging times with high costs and inflation are putting pressure on the economy for many, especially small and medium-sized businesses.

By utilizing our innovative solution, you can eliminate the tedious process of manually transferring a claim from the stack of overdue invoices and sending it to an external collections agency. And once the claim is paid, the system ensures seamless reconciliation of the payment, keeping your accounting up to date.

Before we delve into the numerous benefits this new solution provides, let us share a bit about why we have introduced this news. Simplifying the process of debt collection has never been easier.

Debt collection has never been easier

Like many great ideas, this new solution was born out of a personal frustration. How many times have you been left with an unpaid invoice, wondering if it's worth the hassle of sending it to collections?

Chasing after the money you're owed can be time-consuming and often means putting other important tasks on hold. After all, no one can move forward without getting paid for what they've sold.

Modern technology is crucial in ensuring effective solutions. Many businesses are still stuck using outdated systems that don't communicate with each other, leading to frustrating disconnects between collections agencies and existing systems. This is where we come in - we want to make things simpler.

With 24SevenOffice, you gain access to a comprehensive solution that not only eliminates the need for external collections agencies but also saves you time that was previously spent ensuring that all aspects of a collections case are properly recorded. From late fees to interest charges and potential legal fees, everything is automatically accounted for in your financial records. And all in the right place.

Five advantages of 24SevenOffice Debt Collection & Reminder

• The entire process of getting paid happens seamlessly within one system.
• Automatic setup guarantees that you never have to fear invoices getting lost again.
• Customization is available whenever you need it – simple settings allow you to choose whether reminders should be sent and if the case should go to collections.
• You can eliminate the need for external collections agencies.
• It makes getting paid easier.

Comprehensive solution that integrates with your ERP system

With 24sevenOffice Reminder and Debt Collection, you gain access to a complete solution for invoicing, reminders, and debt collection – all in one system. By utilizing this system, your business will no longer be stuck in the middle between collection agencies and accountants, but instead, have full control from A to Z throughout the entire process of getting paid for your goods and services.

Using this solution, you can easily manage your business's cash flow with just a few clicks. Automation allows you to decide whether the process from invoice, to reminder, to debt collection should occur automatically at predetermined times, or if you prefer a manual review for selected customers.

Regardless of your choice, the system simplifies following the entire process to ensure you get paid. You also have complete control over whether you want high or low fees for reminders, or if you choose not to charge any reminder fees at all.

Once the settings are in place, everything runs smoothly. You have full control over communication with your own customers.

The process of gathering all the background information for the original invoice, ensuring an external debt collection agency takes on the job, and thus losing control over customer contact, can be both daunting and exhausting.

By using our solution, you have the power to control how communication is handled. No one really benefits when a case goes to debt collection, but with this system, you at least have full control over communication management.

Once the payment is received, the job is done. The system automatically handles the correct recording of fees, interest, and more. There is no longer a need to ensure that information from the debt collection agency reaches the accounting department. It's already taken care of.

You have complete control over communicating with your own customers

The process of gathering all the necessary background information for the original invoice, handing it over to an external collections agency, and subsequently losing control over customer contact can be both daunting and exhausting.

By utilizing 24SevenOffice's solution, you have the power to dictate how communication is handled. No one truly benefits when a case goes to collections, but with this system, you at least retain full control over how communication is managed.

Once the payment is received, the job is complete. The system automatically takes care of accurately recording fees, interest, and more. There is no longer a need to ensure that information from the collections agency reaches the accounting department. It's already been taken care of.