Chaser is pleased to announce the expansion of its accounting software integrations by launching a seamless connection with mid-tier Cloud accounting platform, AccountsIQ.
Small and medium-sized businesses can now say goodbye to late payments with the Chaser and AccountsIQ integration that uses credit control automation for payment collection and reconciliation. The partnership has already been successful in improving cash flow and reducing business administration. The announcement is timely as the COVID-19 crisis has exposed the importance of adopting cloud accounting software and automation.
Late payments are a growing source of stress for business owners, with a 209% increase in late payments recorded since the global pandemic (CPA, 2020). Chaser’s integration with AccountsIQ helps businesses to reduce these late payments, by making it easier and faster for business owners and finance teams to chase payments in a friendly, non-robotic manner.
Not only do business owners improve their chances of getting paid on time, but through automating the invoice chasing process, they also see significant time-saving benefits.
With automated tools like Chaser, businesses are saving upwards of 15 hours per week on credit control tasks, reducing time spent on mundane, manual tasks and allowing their staff to focus more time on what matters.
The set-up is simple, and once customers have signed up, they can quickly set up personalised payment reminder templates and sending schedules. Payments collected are consequently reconciled in both systems, which helps ensure accurate accounting data and saves admin time.
By working with customers, Chaser has been optimising their software for use by AccountsIQ users, ahead of promoting this new integration to a wider market.
This is one of a number of steps Chaser has taken this year to make their offering available to SMEs who deeply require it at this critical time. For years there has been a strong demand for integrated software products for Chaser, and we are pleased to be delivering on this request so early in 2021.
Explore the AccountsIQ integration here
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ABOUT CHASER
Chaser Technologies Limited helps small and mid-size businesses get paid sooner with its award-winning payment chasing automation platform, debt collections services and outsourced credit control services. Since launching in 2014, Chaser has been dedicated to solving this late payment problem for all businesses that sell on payment terms. By sending automatic and intelligent reminders, the software and service provider effectively gets invoices paid on time without losing the human touch. To date, Chaser has helped users chase over £3 billion in overdue invoices.
Chaser was named the Accounting Excellence ‘Cloud App of the Year’ three years in a row (2017, 2018, and 2019), Xero’s ‘App Partner of the Year’ (2016), and App Partner of the Month (August 2019).
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ABOUT ACCOUNTSIQ
AccountsIQ's award-winning Cloud-based accounting platform simplifies the way finance functions capture, process and report their financial information across multiple locations.
Built for the cloud, AccountsIQ is ideal for dynamic businesses that are growing locally or internationally, via subsidiaries, acquisition or through a franchising model, enabling anytime-anywhere processing, while allowing easy central control and consolidated reporting of results. Its unique consolidation engine, along with its ability to integrate with other applications, makes it easy to scale.
Today, over 4,000 companies in 85 countries enjoy 24/7 access to top level Financial Management functionality, providing smarter working practices including an integrated approval workflow app, expenses app and API integration with front end systems, while delivering simple and accurate consolidated results and a superior level of business insight.
AccountsIQ was awarded Enterprise Accounting Software of the Year 2019 and 2018, was a finalist in 2020 and has been ranked in the top half of the Deloitte’s Technology Fast 50 high growth index for the past 6 years.
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