Fully automated Payment Reminder Solutions
Boost your payments collection efficiency with automation using no-code AI-powered communication solutions
Problems and Solutions
Automate kind and thoughtful reminders ontime
Deploy cost-efficient 18000 voice calls/hour
Digitise automated interaction flows to activate desired actions
Fast-track Accounts Receivable Collection Process with Automated Payment Reminder Calls
On-time's automated voice call reminders have proven to:
- Reduce customer DSO (Days Sales Outstanding)
- Reduces Credit losses significantly
- Speeds up the short cash flow process up to 50–80%
- Drives significant ROI by reducing cost of collections
By continuously analysing historical data and last 1 million contacts Ontime's AI engine has been developed to optimise communication content and timing between different channels to support your payment activation needs.
50-80% decrease in Days Sales Outstanding (DSO)
By activating debtor using AI-powered automation you get tangible results like reduced DSO by 50-80 % and reduced Expected Credit Loss significantly
Mobile native communication channels are the best tools to reach anyone, anywhere at anytime. That’s why payment reminders reach debtors better when delivered directly to their mobile device.
Gather payment promises
The goal is to trigger the due payments or activate a payment plan negotiation. Automated interactions can make it easy for the debtor to contact your company.
Focus on value based tasks
Let automation takeover recurring communications so personnel can focus on value-adding tasks like negotiating payment plans to drive growth
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