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Do you understand all the financial terms? That’s great. For everyone else, we provide a glossary - to make sure we’re all on the same page.
The flow of income and expenditure within a business. A healthy cash flow is essential for you to pay your bills, make investments and maintain your financial stability. And that is precisely what eXago focuses on every day.
An outstanding debt that is considered uncollectible because the client is unable to pay, e.g. due to bankruptcy or long-term payment arrears. With eXago, the chances of it getting to that point are reduced significantly.
The set of processes by which a company ensures that clients pay on time, from credit analysis and invoicing to follow-up and collection. Or as we refer to it at eXago: our core business.
Smart technology used in credit management to predict payment behaviour, analyse risks and automate collection processes. No pipe dreams at eXago - just everyday issues.
A written reminder to a client to pay an outstanding invoice. From eXago, always in a friendly tone - but with the necessary urgency.
An agreement whereby a debt is repaid in instalments to make payment more feasible.
The agreed period within which an invoice must be paid, e.g. within 30 or 60 days of receipt. For some clients, this is a guideline rather than a hard deadline - until eXago respectfully comes knocking.
Transferring a receivable to a third party, such as a factoring company, which then collects the payment. But why do that when eXago can solve it for you in your name?
A check of a client’s financial situation to assess the risk of default. A smart move - and one that eXago can help you with.
A professional responsible for collecting outstanding payments. Resolute at best, but respectful - as with eXago.
An employee who oversees a company’s credit policy and ensures that clients pay on time. Or as we call them: our heroes behind the scenes.
A document that (partially) corrects an invoice, e.g. in case of returns or errors.
The fact that you’re here is both good and bad news. Bad, because you have outstanding invoices of which, deep down, you’ve had enough. Good, because we can help you. How? You’ll find out in our demo. No sales pitches, just a no-nonsense explanation of how we can restore the health of your cash flow.
Nearly fell off your chair scrolling through our website and missed the demo buttons? No worries. Send us your question using the form and we’ll get back to you as soon as possible.
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