Darcey Quigley & Co Partner with All-in-One Credit Management Solution Know-it
Darcey Quigley & Co are delighted to announce that we have partnered with Know-it, the all-in-one credit management platform.
Know-it is a tech solution that brings three key areas of the credit control process together in one place:
- Check-it: Facility to credit report and monitor, alerts to any changes to your customers behaviour through real-time integrations with several public and third-party data sources.
- Chase-it: Automatically chase overdue invoices using customisable email, letters and SMS, seamlessly synchronising with your accountancy package.
- Collect-it: Helps facilitate the collection of unpaid and overdue invoices through Darcey Quigley & Co.
Know-it automates credit management giving you more time to spend on other aspects of your business, whilst still ensuring you get invoices paid quicker.
Why you need a complete end-to-end credit control process
Businesses are currently chasing unpaid invoices worth £61 billion, an increase of 22% in just 12 months.
We are in the midst of a late payment crisis with 440,000 small businesses at risk of being forced out of business as a result of being paid late.
The number of late payments could be reduced if more businesses had access to a full end-to-end credit control process, allowing them to better understand the payment behaviour and credit history of their customers, have the resource to chase payments and have a contingency plan in place for recovering commercial debt.
Late payments and cashflow problems are already putting a huge strain on businesses in the UK. Company insolvencies have soared 170% this year with creditor voluntary liquidations (CVLs) accounting for 87% of these company insolvencies.
There has never been a more critical time for businesses to get to grips with their credit management and Know-it makes it easier than ever by automating the complete credit control process!
Be a Know-it-all
Know-it gives businesses the ability to mitigate credit risk, reduce debtor days and increase cashflow.
Seamlessly connect with leading accountancy packages including Xero, Sage, QuickBooks and FreeAgent so you can better understand the companies you do business with, automatically send payment reminders, chase overdue invoices and record payments thanks to Know-it’s smart integrations with these accountancy packages.
Up until now access to credit intelligence needed to mitigate credit risk has been limited for SMEs as it was traditionally huge multi-national corporations that would afford all the tools required to get a complete picture of their customer’s payment behaviour and credit history.
Know-it is changing this thanks to data integrations from Graydon, The London, Edinburgh and Belfast Gazette, Companies House and Unsecured Creditor Claims. By bringing in key pieces of company and credit data from multiple sources into one platform businesses will be able to make better sense of this data and save the cost of needing to subscribe to multiple data services.
Know-it is 1 subscription, 24/7 access – 1 solution.
This helpful video explains the full Know-it platform in less than 2 minutes!
The benefits to Darcey Quigley & Co clients
As a valued Darcey Quigley & Co client, you will now be able to see all of your current and historical debt recovery cases with Darcey Quigley & Co inside the Know-it platform!
Darcey Quigley & Co are the official commercial debt recovery partner of Know-it so any cases actioned through the platform will be handled by us.
Darcey Quigley & Co clients will also have access to the full Know-it platform for free! Credit check & monitor, chase payment and collect commercial debt all in one place.
Existing Darcey Quigley & Co clients will have an invite to Know-it waiting in their email inboxes, simply click the link and sign up today!
If you cant find the email we sent, let us know and we will send you out your unique code.
PS – By signing up you will also receive a free credit report!
Meet our credit management and commercial debt recovery content writer, Declan!
With a keen eye for detail and a passion for educating others, Declan is committed to creating informative and engaging content that empowers readers to get a firner grasp of their credit control to improve their cashflow.
Connect with me on LinkedIn!