Satago (Latin): To satisfy/pay a creditor
On Demand Business Finance
Satago offers a technically advanced invoice finance system via its platform, which is designed to help businesses manage their cashflow. Satago's online platform facilitates the provision of invoice financing and sends automated reminders to customers in relation to unpaid invoices as well as reporting to suppliers on outstanding invoices and providing credit reports setting out risk levels of customers. Satago was originally launched in 2012 as a credit control system designed to integrate with cloud accounting platforms. Risk insight information was later added to help small businesses understand the risk profile of their trading partners.
Satago currently offers an all-in-one cashflow solution built on its proprietary technology:
• Invoice Finance – access to funds with a simple ‘pay as you go’ invoice finance facility.
• Credit Control – faster payments through automated email chasing and credit control management.
• Risk Insight – reduces bad debts by using Satago’s integrated credit tools to analyse current debtor book and future potential customers.