Chaser Releases New Integration For Faster Invoice Payments

Credit control automation platform and service provider Chaser has released a new integration to allow its receivables automation tool work with Sage 200cloud, according to an announcement.

“This new integration makes it easy and affordable for businesses to deeply personalize and automate their accounts receivables and credit control processes,” Chaser stated in the announcement.

Chase CEO Sonia Dorais said in the announcement: “We believe that all businesses have the confidence they will get paid for their work through effective credit control and accounts receivable management. By integrating with Sage in this way, we are allowing our joint customers to seamlessly chase invoices end to end, helping them operate more efficiently and effectively and boosting cash flow.”

Chaser already offered tools to integrate its technology with Sage Business Cloud Accounting, but the new integration extends to Sage 200cloud, according to the announcement.

“Using Chaser, Sage 200cloud users can now automatically reconcile their transactions to match their accounts in seconds, so that they can focus on the work that matters most,” the announcement stated. “They can easily carry out automated invoice payment chasing whilst ensuring every message looks hand-typed and maintaining great customer service.”

The new cloud-to-cloud integration of Chaser and Sage’s products include, per Chaser’s announcement: personalized invoice payment chasing, adapted to the user’s brand and tone of voice; automated “thank you for paying” emails; easy tracking of overdue invoices; centralization of invoice statuses; access to Chaser’s debt collection service; and the ability to offer customers tailored payment plans.

The problem of late payments forces the closing of 50,000 small- to medium-sized businesses (SMBs) in the United Kingdom each year, according to data released by a business trade group in England, per PYMNTS.

But the problem isn’t indifference at big companies that delay payments to boost cash flow, Dorais told PYMNTS in May.

“It could be the silliest things,” she said. “The customers, they mean well. There could be an expiry date on the card, they may have forgotten to enter their new card details. It could be something as simple as that.”