NEW YORK: Alternative Payments, a leading fully-integrated B2B payments and checkout infrastructure company, is excited to announce the launch of its groundbreaking product: Collections Assist. This new product aims to streamline and enhance the accounts receivable collections process for services companies across the United States.

Alternative Payments is the first payments company to embed collections support within their product and help services companies get paid faster, even if their invoices are overdue and customers are refusing to pay.

Key Features of Collections Assist:

B2B Payments, Paired with Collections Assist:

Historically, the collections success rate for delinquent receivables is approximately 40%, meaning businesses may recover $0.40 cents for every delinquent dollar. Pairing Collections Assist with Alternative Payments’ receivables automation software aims to significantly improve these results. On average, Alternative Payments’ customers are paid in six (6) days after the invoice due date. By combining Alternative Payments offering with Collections Assist, companies will be able boost cash flow and improve net working capital considerably for both outstanding and overdue receivables.

About Alternative Payments:

Alternative Payments is a B2B payments and checkout infrastructure company. Alternative Payments’ end-to-end payment platform provides US services companies immediate access to merchant services, including credit card, ACH bank transfer and client-facing financing (B2B buy now pay later). Its software fully integrates within a company’s ERP and/or accounting software, providing instantaneous reconciliation.

For more information on Alternative Payments or Collections Assist, please visit alternativepayments.io.

Fonte: Business Wire