Description
🖼️ Tool Name:
Paymefy
🔖 Tool Category:
AI-powered debt collection / accounts receivable automation tool
✏️ What does this tool offer?
Automates the entire debt collection and receivables process, including sending reminders, notifications to customers via multiple channels (email, SMS, etc.).
Offers one-click payment links, flexible payment plans or instalments, partial payments, customizable interest or terms.
Integrates with ERP, CRM and billing systems to fetch unpaid invoices, update states, and keep everything synchronized.
Segments customers by behavior, risk, payment history etc., and personalizes communications (timing, channel, message) to increase recovery rates.
⭐ What does the tool actually deliver based on user experience?
Reduced collection times (e.g. Paymefy claims up to ~65% faster in some campaigns) by using automated workflows.
Better customer experience: less friction, more flexibility (flexible payment options, communication channels) and clarity of communication.
For businesses: more predictability in cash flow, lower DSO (Days Sales Outstanding), fewer manual steps, less chasing of overdue payments.
🤖 Does it include automation?
Yes — many parts are automated, including:
Automatic extraction of unpaid invoices from connected systems.
Automated reminders / customer communications (adjusted by behavior, history) without manual intervention.
Automated reconciliation / updating of invoice/payment status in the ERP / billing systems.
💰 Pricing Model:
Subscription / SaaS-style pricing. Specific pricing not generally public — you contact vendor for details.
🆓 Free Plan Details:
There is a free account option to start.
Possibly limited-feature trial or free-demo to test the system.
💳 Paid Plan Details:
Full access to premium features: full automation, full integrations, advanced segmentation, more channels of communication, custom payment links/plans, analytics.
More scalability, handling more invoices / customers / higher volume.
🧭 Access Method:
Web-based platform (browser) via Paymefy’s website.
Integrations via API / connectors to ERP, CRM and billing systems.
🔗 Experience Link:
https://www.paymefy.com