Scottish FinTech Know-it has announced the launch of its cloud-based platform on the QuickBooks App Store. QuickBooks users will now be able to download the Know-it app directly from its App Store and connect their accounts package to the 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.

CEO and founder of Know-it, Lynne Darcey Quigley, said, “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.”

He further said, “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 added that business owners repeatedly make the same credit control mistakes, resulting in serious cash flow problems.

Know-it is available for businesses to sign up and connect their accountancy package in seconds and for accountants who can use the app to grow their practice and help their clients by managing their credit control.

This article was first published by IBS intelligence.