Invoice gets raised
E-Invoicing and Debt Management
IncomeAI is a digital invoicing and debt recovery solution using smart automation to improve the debt management and payment process.
Self-learning artificial intelligence
The artificial intelligence improves collection rates as transaction volumes grow, while smart automation reduces the cost of collecting payments and speeds up the process for quick, efficient revenue collection.
Additional communication channels
The additional communication channels of SMS and emails allows you to deliver communications directly to your customers quickly and effectively.
Choice of payment solutions
Our Debt Management solution is fully integrated with Pay360 services so you can provide a choice of UK payment methods, which will help increase the conversion rate and improve cash flow.
Fully branded landing pages
Our e-invoicing and debt management services are white labelled solutions to enable you to customise emails and landing pages with your corporate branding – so the customer will see it as your brand.
Customer-centric approach
Our technology is designed to focus on customers’ needs and behaviours, helping them feel well-served and valued, which in return increases the rate of collections and customer satisfaction and loyalty.
Flexible cross-platform integration
No matter which systems you work with, our flexible technology can easily be integrated with your systems and platforms.
HOW DOES IT WORK?
System determines most successful communication channel and time period to send invoice
System monitors customer response based on communication channel and time period
Invoices can be opened via a secure link on any smartphone, tablet or laptop device
Mobile responsive payment pages with integrated payment options allow for quick and simple payment
Product features
We cover the full end-to-end process for digital payment reminders. From e-invoicing, through to the communication process and debt management. With our intelligent system we offer a broad range of digital communication channels and payment methods.
1. E-Invoicing
Simplify your invoicing process by sending invoices or payment notifications by email and SMS, with embedded payment options optimised for all channels.
2. Debt Management
Use a flexible solution that encourages payments to be made on time at a lower cost than traditional channels, and minimise administrative errors.
3. Debt Collection
Speed up recovery rates with IncomeAI where it switches to debt collection mode when payment notifications haven’t led to a payment being made.
Working with Pay360's debt management system is a win-win situation for both the company and the customer
Company efficiency
Cost reduction through smart automation
Customer transparency
Fair and open communication
Company effectiveness
Higher repayment rate and faster execution
Customer Orientation
Communication via the preferred channel
Customer retention
Increased level of satisfaction causing repurchases
Time saving
Simple and frictionless payment