The average business spends two full days every month manually chasing invoices. And yet, many still suffer from late payments. Pay.uk put the annual cost of late payments on small businesses at a shocking £23.4bn.
Satago solves this problem.
The award-winning app integrates with over 300 accounting platforms and leverages behavioural informatics, artificial intelligence and open banking to help you spot credit risks, get paid faster and access fast, reliable funding when you need it.
You have been given access to Satago through your accountant, this means that your accounting software is already connected to the platform and you can start using the tools as soon as you login.
You should have received an email from Satago inviting you to login to the platform. Check your spam if you can’t find the email or get in touch with our team: firstname.lastname@example.org.
Once logged in you can navigate to Satago’s risk insight, credit control and finance tools.
Watch this short video for an introduction to the platform.
Satago’s credit control tool takes the hassle out of getting paid on time by sending automated payment reminders, monthly statements and thank you emails to your customers. Our automated emails are proven to reduce debtor days while helping you maintain great customer relationships.
"We tried a couple of solutions to reduce our debtor days, but none even came close to Satago. Out of the box, it synced up with our Sage Software and we saw an immediate response from our customers. I can’t recommend this app enough."
Duncan Dibble, Transformation Director at More Group
In these changeable times it is more important than ever that businesses protect themselves from the risk of late payments and bad debt.
Satago’s risk insights tool gives you accurate insight into your customers’ credit rating at the touch of a button. Like a digital financial advisor, the platform uses real-time data to tell you if a customer is high or low risk based on their credit score and previous payment history, suggests workable payment terms and notifies you if anything changes.
If your business needs working capital to fund future projects, purchase stock or pay an unexpected bill, you can get an advance on your unpaid invoices with Satago’s single invoice finance and receive cash in the bank in a matter of hours.
Satago’s intuitive technology automatically selects which of your invoices are eligible for finance, displays the amount you can advance and the rate per day and over 30 days. Our costs are completely transparent with no hidden fees.
“The speed at which you can drawdown funds is the fastest by far. All costs are given at the time of funding, giving us a full view from the outset, we can pick which invoices we want to include and any transactions are automatically fed through to our accounting software, making it easier for our accounting team.”
Vaughan Roberts, Director, Carbon247