Take control of your overdue and bad debt

Take control of your overdue and bad debt.

If you're struggling with bad debtors and have clients that simply cannot pay, then maybe Payment Plan can help you.

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How it Works

We all know that small debts cost more to collect than they are worth, and sadly, added together they form quite a hefty chunk of your bad or overdue debts. Often this money is written off because of the costly collection and the time it takes, but now there’s a solution. Use Paymentplan.co.uk to collect the money owed to you, quickly and efficiently.

By offering your customers a payment plan that they set up and control, managed totally online, you can easily keep track of money owed, reducing the need for costly resource, endless spreadsheets and piles of paperwork.

Advanced Planning

It’s unlikely that you’ve ever had this level of insight on your difficult debts before, so armed with this new information, you can better manage your cash flow and look forward to seeing your cash finally come in.

You can also offer your sales teams and collection agents the ability to set up individual plans as and when they need, great for both online and offline environments.

Dashboard

As part of our service, we provide you with a login to your own dashboard. This is where you can do the following:

  • Number of debts uploaded
  • Number of debtors
  • Number of plans created
  • Cash received
  • Forecast collection
  • At risk payments

and many other performance stats.

Our Support

We have a team of debt collection experts and we’ll provide you with your own account manager.

They will:

  • Spot when payments need a nudge
  • Identify stubborn or difficult debts
  • Employ different collection strategies
  • Ensure your customers move smoothly through the payment funnel
  • Be there to answer any questions or queries you may have
  • The only other cost you’ll be expected to pay is your own Stripe fees.
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How much is it going to cost?

Pricing is dependant on industry, product and sector.

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