TrackPayout(Accounts Receivable Software) – Your Partner for Payment Collection – TrackPayout can help businesses to manage collection from customers and provide better efficiency in the operational process.
Chasing payment is one task that many business owners and managers dread. When carried out ineffectively this can lead to a whole host of problems, including damaging your customer relationship, impacting your cash flow and ultimately causing you a tremendous amount of unnecessary stress on P&L account.
Gives a comprehensive overview
of the status of accounts receivables
Payment Ageing, Report by Due days, Customer performance, Sales Person etc.
Integration with Tally, Zoho, Quickbooks etc
Can be operated anywhere & anytime
CUSTOMIZATION OF EMAIL
Add your company logo to all email communications and Customize the email templates
Reduce payment turnaround time by customer
Send follow-up by Email
Upload Bank Details
Upload Bank Details on template
Multiple ways to add Invoice data
Technical Support with Multiple Training and smooth On-boarding on software and much more
Payment Chasing is one task that many business owners and managers dread. When carried out ineffectively this can lead to a whole host of problems, including damaging your customer relationship, impacting your cash flow and ultimately cause you a tremendous amount of unnecessary stress.
With TrackPayOut (Payment Reminder Software)Get paid on time with our online, Automated invoicing can help you get paid faster and Access to real-time financial records and reporting is crucial if you’re always on the go.
MSME Delayed Payment
Ith the enactment of the Micro, Small and Medium Enterprises Development (MSMED), Act 2006, for the goods and services supplied by the MSEME units, payments have to be made by the buyers as under:
India: The Country Most Affected by Late Payment
2018 brought many changes in India – more frequent payment delays, increases in the proportion of overdue B2B invoices and DSO, a longer payment duration.
Impact of Late Payment
These late payments can have significant impacts on smaller businesses, as their cashflow does not allow them .
GOVT. POLICY INITIATIVES FOR MSME
The Ministry of Micro, Small and Medium Enterprises (MSME) has implemented various programmes / MSME schemes, policies for the development and promotion of MSMEs Industry across the country. To provide immediate relief to the MSME sector, various announcements (in addition to the various MSME schemes) have been made under the Atmanirbahar Bharat Package.
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