Chaser launches new seamless integration with Sage 50 to help businesses reduce late payments.
LONDON, 6 November 2024 – Chaser, the leading global accounts receivable SaaS provider, has announced a new integration with Sage 50. The new integration empowers businesses using Sage 50 to eliminate manual payment chasing and reduce overdue invoices, helping them protect cash flow and bring revenue in faster. With late payments continuing to affect business growth, this integration addresses a crucial need: 49% of invoices issued by U.S. businesses become overdue (PYMNTS), while 10% of late invoices are ultimately written off as bad debts, resulting in financial strain that affects investments, supplier payments, and payroll (Sage).
Chaser’s integration with Sage 50 provides businesses with a fully automated accounts receivable process, including real-time debtor tracking, intelligently automated payment follow-ups, and comprehensive data insights that remove the burden of time-consuming, manual tasks. Sage 50 users can now streamline their collections workflows, reducing the average of 15 or more days spent each year chasing unpaid invoices (Sage) and helping to ensure that more invoices are paid on time; thus reducing cash flow strains and debt-write offs.
“At Chaser, our goal is to ensure businesses get paid for the work they do and avoid the financial strain of overdue payments,” says Sonia Dorais, CEO of Chaser. “This integration with Sage 50 expands Chaser’s reach, allowing us to support more businesses with the intelligent tools they need to improve collections, safeguard revenue, and maintain visibility over their income. In today’s economic landscape, reliable receivables management is critical, and we’re proud to be delivering this for Sage 50 users.”
In a recent study, it was found that 34% of customers had no specific reason for delaying payments (PYMNTS), underlining the need for proactive collections tools like Chaser that help maintain payment timelines and improve cash flow without putting pressure on customer relationships. By combining Sage 50 with Chaser, businesses can now set up personalized reminder schedules, track invoices in real time, and access detailed analytics to support more predictable cash flow—all while freeing up time previously spent on manual follow-ups.
This integration with Sage 50 is part of Chaser’s wider commitment to reducing late payments worldwide. Dorais continues, “Chaser stands by businesses in their efforts to reduce late payments, maintain a healthy cash flow, and focus on growth without the time-consuming distractions of manual credit management and collections tasks. This Sage 50 integration is a major step in our commitment to bring efficient, user-friendly receivables management to more businesses around the globe.”
Learn more about Chaser’s integration with Sage 50 here, or try the new integration out for free here.
ABOUT CHASER:
Chaser helps businesses get paid sooner with its all-in-one accounts receivable automation platform. Users can automate invoice reminders, monitor debtors, collect payments, and recover debt, all in one place. Since its founding in 2014, Chaser has supported over 7,000 businesses and helped recover £30 billion in late payments. Key awards include Best Technology Provider at the Credit Strategy Awards (2024), Best Use of Innovation in Business from Management Today (2023), Xero App Partner of the Year (2023), and Best Use of Technology at the Credit Awards (2022).