Case Study: Quooker improves cash flow and automates accounts receivable management with Payt Software

Automated accounts receivable management at Quooker

Quooker, the inventor of the world's first boiling water tap, faced a challenge in managing its accounts receivable as the company experienced rapid growth. Their manual process of sending printed reminders by mail was becoming unfeasible and prevented them from focusing on high-priority cases that required real attention. To support their international expansion, they sought a more effective and efficient solution from the vendor Payt.

By implementing Payt's automated accounts receivable management software, Quooker streamlined its entire invoicing process from sending to collections. The Payt solution provided automated reminders with integrated iDEAL payment links, which significantly improved cash flow. Since going live, Payt has sent thousands of reminders, resulting in over 80% of them being paid. This automation allowed Quooker's team to focus on complex cases while the vendor handled the bulk of the work.

Quooker

Stephen Johnson

Managing Director