Case Study: Alfa College achieves faster payments and better payment behavior with Payt

Alfa College - Customer Case Study

Alfa College, a vocational education institution, faced a highly inefficient and manual invoicing process. Their accounts receivable manager was manually processing over 13,000 invoices annually, a method which was prone to errors and extremely time-consuming. This outdated process led to delayed reminders and unprofessional interactions with students over long-overdue payments.

The college implemented Payt's digital accounts receivable management software and portal. Payt automated the entire chain from invoice to reminder, eliminating manual steps. Students gained the ability to view invoices in real-time, pay easily via iDEAL, and set up payment plans themselves. This solution from Payt resulted in significant cost savings by ending the need for a collection agency, dramatically improved the institution's professional image, and fostered better payment behavior from students.

Alfa College

Jeroen van der Ster

Director of Operations