Automate Your Payment Follow-up With Our TrackPayout Software
Written by Contisoft Technologies LLP
Why Automate to get paid Faster
Automations across the board save you time and money. And time is money for a busy entrepreneur.
But the benefits of automating invoices extend beyond that — especially if cash flow ebbs and flows. Automated invoicing can help you get paid faster. Sample data from 2016 reveals that micro businesses (turnover < Rs10 crore) had a greater burden of delayed payments with median days sales outstanding (DSO) of 79 days, followed by small businesses (turnover < Rs50 crore) at 72 days.
Comparatively, large companies enjoyed much quicker payments at a DSO of 56 days. The construction sector was the worst hit, with micro businesses waiting 180 days to receive payments. In manufacturing, micro businesses had a DSO of 85 days compared to 54 days for large corporate entities.
Plus, automated invoicing means your books are always up-to-date. Access to real-time financial records and reporting is crucial if you’re always on the go. (You’ll really appreciate this during tax time too.) This is why TrackPayOut (Accounts Receivable Software) would be doing your job easy.
Feature of TrackPayOut (Payment Reminder Software)
Complete dashboard of your all Oustanding Payment,follow up, Invoice payment status & many more.
Payment Follow up Software
Payment Tracking Software
Financial Reporting and Analysis
Debt collectio
Software
Automated Invoice Processing
Invoice Processing Software
Online Payment Collection Software
MSME payment delay
Payment Delay Software
Article author
About the Author
We are dedicated to building an outstanding product, constantly improving it, and offering world-class customer support.
https://www.contisofttechno.com/index.html
Further reading
Further Reading
Article
How Lack of Appointment Strategy Is Holding Back Solar Company Growth
Introduction The solar industry is often described as a field full of opportunity. Demand grows as energy prices shift and environmental awareness increases. Many companies enter the market with strong technical knowledge and passionate teams. Yet growth does not always follow enthusiasm. A common and quiet challenge exists behind the scenes. Companies invest heavily in marketing, hire talented installers, and build impressive product lines, but still struggle to maintain con
February 9, 2026
Article
What types of cards can the card printer handle?
A reliable and versatile card printer is indispensable in today's fast-paced business environment. Card printers are integral for creating identification cards, payment cards, access passes, and membership cards. Thanks to their ability to customise and produce cards on demand, these devices have become increasingly popular across industries, including healthcare, retail, transportation, and education. This blog explores the types of cards a card printer can handle, emphasisi
December 8, 2024
Article
How do I calculate the cooling requirements for my mould temperature controller?
One of the most critical factors in ensuring stable and high-quality production for injection moulding is controlling mould temperature. This is where mould temperature controllers come into play. Specifically, the cooling process is just as necessary as the heating process in optimizing the efficiency and output of an injection moulding system. Calculating mould temperature controller cooling is critical to maximizing performance and preventing defects such as warping, uneve
December 8, 2024