Satago scoops 7 industry awards in 2020

November 27, 2020
Satago scoops 7 industry awards in 2020

It’s awards season! And this year has been another big one for Satago. We’re thrilled to have picked up six awards in November for our credit control, risk insight and finance solutions.

Here's a breakdown of our wins!

Lending Awards – Best Invoice Finance Provider  

We're proud to have been named Best Invoice Finance Provider by the 2020 Lending Awards.

Judges commented that, “Satago has done what any new entrant into a market should; listened to its potential customers and their challenges and built an offering to understand and serve those needs. They have also innovated around credit decisioning, risk profiling and this overall seems to have enabled them to solve problems SME's face in this sector.”

Satago makes applying for invoice finance quick and easy. Our technology integrates with over 300 accounting platforms—including Sage, Xero and Intuit QuickBooks—and automatically selects which of your invoices are eligible for finance. All you need to do is click to apply and, once approved, you’ll receive a cash advance in the bank in a matter of hours.  

Accounting Excellence Software Awards - Practice Management Software of the Year

We're extremely proud to have won Practice Management Software of the Year at the Accounting Excellence Software Awards.

This award was voted for by the public, which makes it all the more special. Thank you to all the accountants who voted for us!

Credit Awards – Alternative Lender of the Year  

Our invoice finance solutions also gained us the title of Alternative Lender of the Year at the Credit Awards. Judges commented that our software solutions provide, “The full package, accountancy, cash-flow, debt collection and funding” whilst being, “easy to install and manage so ideal for a small/medium enterprise.”

UK Business Tech Awards — Fintech Innovator of the Year

We were very pleased to be named Fintech Innovator of the Year by the UK Business Tech Awards.  

2020 has indeed been a year of innovation for Satago. We launched our mailbox integration feature which allows users to send automated invoice chasers from their own email address, no matter which mail server they use. This feature also means users receive replies to their automated emails in their own inbox. So, they can easily keep track of invoice queries and maintain a seamless customer experience.  

In addition, we launched a custom Sage connector which allows Sage accountants to connect multiple clients to our software in one go.

Credit and Collections Technology Awards — Finance Lending Solution

Satago walked away with the award for best Finance Lending Solution at the Credit and Collections Technology Awards.

The judges commented that, “The feature rich system is an effective lifeline for SMEs, helping companies to operate during tricky conditions. Great use of software integration to assess the risk profile of customers. Satago have created a very effective lifeline for efficient invoice management for SMEs.”

Business Elite Awards — Most Innovative Cashflow Solution

We’re proud that Satago has been recognised by the Business Elite Awards as the Most Innovative Cashflow Solution 2020.  

Satago’s three-in-one cash management software helps businesses and their accountants get paid faster, avoid risk and cover cash gaps when they need to.  

Our powerful credit control tool integrates with your email provider and chases invoices, so you don’t have to. Whilst our risk insight technology helps you protect your business from the threat of late and non-payment. Lastly, our invoice finance solution provides businesses with easy access to fast and reliable finance, all with the app.  

Business Elite Awards — Best Accounting and Financial Risk Platform

Satago's second win at the Business Elite Awards recognised our risk insight technology.  

Our powerful risk tool provides real-time credit insight into your new and existing customers, including their risk band, credit score and the average time it takes them to pay their bills. If you need more information on a particular customer, you can also request a full credit report.  

This level of insight helps businesses spot credit risks before they become a problem. Helping them protect themselves from late payments and bad debt.

BusinessCloud’s 100 Fintech Disruptors List 2020
Whilst not technically an award, we were chuffed to be named number 24 on this list of 100 fintech disruptors as voted for by readers of BusinessCloud Magazine.  

We are in great company, alongside some of the biggest names in FinTech.

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