SMEs can now eliminate the guesswork when it comes to getting invoices paid on time. Using artificial intelligence, this new feature lets businesses reach their customers via email or text message precisely when they are most likely to make a payment.
LONDON, England, August 2, 2023 (Newswire.com) – Chaser, the global accounts receivables platform and credit control service provider, launched recommended chasing times. Recommended chasing times show in the Chaser software when businesses set up workflows and schedules to chase customer invoice payments via email and text messages. Recommended chasing times present users with the optimal time and day to chase customers, which is calculated and predicted using artificial intelligence (AI).
By leveraging AI and machine learning, Chaser analyzes a wealth of data, including customer payment patterns and historical behaviors, to generate tailored recommendations on the best times to chase customer payments. This strategic approach ensures that payment reminders are delivered when customers are most likely to engage with them, increasing the chances of prompt payment and reducing delays.
Key features of recommended chasing times:
“Recommended chasing times empower businesses to reclaim valuable time spent on manual follow-ups and to optimize their collections efforts,” said Sonia Dorais, CEO of Chaser. “By automating the timing of payment reminders, SMEs can effectively reach customers when they are most likely to make payment, reducing the number of follow-ups needed, and increasing the likelihood that payment will be received on time.”
Key benefits of recommended chasing times:
Find out more about recommended chasing times from Chaser.
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ABOUT CHASER:
Chaser helps businesses get paid sooner with its all-in-one accounts receivables automation platform, debt collections, and accounts receivables services. Users can credit check, monitor debtors, chase late invoices via SMS and email, collect payments, recover debt and reconcile accounts, all in the same platform. By sending automatic and deeply personalised payment reminders, the software and service provider effectively gets invoices paid on time without losing the human touch. To date, Chaser has helped users chase over USD 30 billion in overdue invoices. Chaser was named B2B Supplier of the Year at the CICM British Credit Awards (2022), won Best Use of Technology at the Credit Awards (2022), was Xero’s ‘App Partner of the Month’ (August 2021), and the Accounting Excellence ‘Cloud App of the Year’ three years in a row (2017, 2018, and 2019).
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Source: Chaser
Chaser helps businesses get paid sooner with its all-in-one accounts receivables automation platform, debt collections, and accounts receivables services. Users can credit check, monitor debtors, chase late invoices via SMS and email, collect payments, recover debt and reconcile accounts, all in the same platform. By sending automatic and deeply personalised payment reminders, the software and service provider effectively gets invoices paid on time without losing the human touch. To date, Chaser has helped users chase over USD 30 billion in overdue invoices. Chaser was named B2B Supplier of the Year at the CICM British Credit Awards (2022), won Best Use of Technology at the Credit Awards (2022), was Xero's 'App Partner of the Month' (August 2021), and the Accounting Excellence 'Cloud App of the Year' three years in a row (2017, 2018, and 2019).
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