Cloud-based platform Know-it integrates with QuickBooks, making credit control simple
Know-it, a leading Scottish fintech, has launched on the QuickBooks App Store.
Now, QuickBooks users will be able to get the Know-it app directly from the QuickBooks App Store and seamlessly connect their accounts package to the cloud-based credit management platform.
The integration with QuickBooks allows users to automate the entire credit control process with company credit checking and monitoring, automatic payment reminders and chasers, and a facility to collect overdue invoices, get credit insurance, and invoice finance all in one place.
With Know-it’s extensive integrations, including Creditsafe, Companies House, The Gazette, Unsecured Creditor Claims, Darcey Quigley & Co, Xero, Sage, QuickBooks, and FreeAgent, businesses can mitigate credit risk, reduce debtor days, and increase cash flow through automation through unparalleled data insights.
It’s never been more critical for businesses to implement a watertight credit control process to protect their cash flow in the face of soaring interest rates, stubborn levels of inflation, and a rocketing number of company insolvencies.
CEO and founder of Know-it, Lynne Darcey Quigley, says, “One of our missions here at Know-it is to make the tools and information businesses need to improve their credit control processes more affordable and accessible to them of all sizes. With QuickBooks, integrating couldn’t be easier. It’s as simple as clicking a button. In addition to seamlessly integrating with QuickBooks, Know-it provides customers with real-time credit tracking and data intelligence.
By automating your credit control process, you can mitigate credit risk, manage your credit responsibly, and improve your understanding of your customers, enabling you to improve your credit control process further. With Know-it, you can streamline the credit control process and save time that would otherwise be spent searching multiple sites to find the necessary information”.
Lynne concludes that business owners repeatedly make the same credit control mistakes, resulting in serious cash flow problems.
“We are dramatically removing the barriers for small and medium-sized enterprises (SMEs) to access a fully built credit control solution by automating the credit management process, harnessing real-time credit and company data at an affordable price, enabling them to make more informed credit decisions, receive payments more quickly, and protect their cash flow by deploying a fully-built credit control solution”.
Know-it is available for businesses to sign up and connect their accountancy package in seconds and for accountants who can use Know-it to grow their practice and help their clients by managing their credit control using Know-it or re-sell it to their users to manage themselves.
This article was first published by Fintech Finance News.