The Know-it Blog

The Know-it Blog

The Know-it team

Dec 29, 2020

Efficiency Unleashed: How Chase-it Is Revolutionising Business Debt Collection

Efficiency Unleashed: How Chase-it Is Revolutionising Business Debt Collection

In today’s fast-paced business landscape, managing overdue payments can be an inconvenient and time-consuming task for companies of all sizes. Late payment chasing often requires significant manual effort, leading to inefficiencies, delays, and strained customer relationships. However, with technology-driven solutions like Chase-it, businesses now have a powerful ally in streamlining the debt collection processes and unlocking new levels of efficiency.

With over 50 years collective experience in commercial debt recovery, we understand the challenges that businesses face in chasing late payments and the importance of maintaining healthy cash flow. By harnessing the power of automation, Know-it empowers businesses to revolutionise their debt collection efforts and achieve faster, more effective results.

One of the key advantages of Chase-it is its ability to automate repetitive tasks that would otherwise require manual intervention. In 2024, it’s estimated that SMEs spend an average of eighty hours each month chasing for unpaid invoices.  By automating the credit control process, businesses can save valuable time and resources.  This leaves businesses of all sizes more time to focus energy on more strategic activities, such as nurturing customer relationships and driving growth.

In addition to improving operational efficiency, Chase-it also plays a crucial role in enhancing customer relationships.  Our Collect-it partner, Darcey Quigley & Co, knows the importance of maintaining a relationship with debtors and we tailor our approach to ensure brand protection.  By delivering personalised and timely reminders to clients about overdue payments from a personal email address, Know-it helps businesses maintain open lines of communication and fosters trust with customers. This proactive approach to debt collection not only increases the likelihood of prompt payment but also strengthens the overall customer experience, leading to long-lasting partnerships and repeat business.

Don’t believe us? Here’s what one customer said after sending our Chase-it email to their legacy debts!

“It’s like Christmas!

I cannot believe the impact Know-it has had on our business. We have had a real cash injection thanks to the software, templates and the automations.”

By embracing automation, companies can unlock new levels of efficiency and effectiveness in managing overdue payments. With Know-it as a trusted partner, businesses can streamline their debt collection processes, accelerate cash flow, and ultimately drive greater success in today’s competitive marketplace. Say goodbye to manual chasing and welcome a new era of efficiency with Chase-it.

Find out more about how Chase-it can help you and sign up for FREE here!

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