We are excited to announce our first platform update of 2024! Know-it now integrates with Sage 50.

Sage 50 is a desktop accounting software with cloud connectivity that enables businesses to have a complete view of their business finances and inventory.

Know-it’s integration now means Sage 50 users will also be able to automate their complete credit control process with company credit checking and monitoring, automatic payment reminders and chasers, facility to collect overdue invoices, get credit insurance and invoice finance all in one place.

Integrations with the likes of Creditsafe, Companies House, The Gazette, Unsecured Creditor Claims, Darcey Quigley & Co, Xero, Sage Business Cloud, QuickBooks, FreeAgent and now Sage 50, Know-it brings unparalleled data insights that allows businesses to mitigate credit risk, reduce debtor days and boost cashflow through automation.

With businesses chasing £61 billion in late payments and the average SME having £68,413 owed to them in unpaid invoices, it has never been more critical for businesses to implement a robust credit control process to protect themselves, especially against the backdrop of soaring interest rates, stubborn inflation rates failing to fall rapidly and a tsunami of company insolvencies.

Know-it CEO & Founder Lynne Darcey Quigley says, “We’re delighted to offer another integration that will enable us to help even more businesses to make more informed credit decisions to better manage risk, minimise instances of late payments and protect their cashflow.”

Your business can sign up to Know-it in seconds and implement a robust credit management process that will save time through automation. Accountants can also use Know-it to grow their practice and assist more clients in minimising credit risk whilst receiving payment rapidly.

Lynne Darcey Quigley added “Our offerings to both businesses and accountancy practices means we are well positioned with our two-pronged approach to serve SMEs and accountants and have a hugely positive impact on their credit control and growth as we navigate economic challenges in the coming months.”

To find out how to connect your Sage 50 ledger, read our Knowledgebase article here.