Because Billit is linked to your bank account, it checks the payment status of your incoming and outgoing invoices itself so that you always have an overview of your outstanding invoices. Billit sends automatic reminders to your customers based on pre-set templates. It also lets you know when an invoice is about to be past due. Paying invoices yourself is child’s play with the automatically generated payment files. Your customers will pay you even faster thanks to the Payconiq by Bancontact or Mollie QR codes on your invoices. What if something does go wrong now and then? Use the digital debt collector and avoid time-consuming procedures with lawyers and courts. Paying and being paid has never been so easy!
1Link your bank in the way that suits you best
Import your digital bank statements using KBC, Ponto, CodaBox or our own free Billbank system.
2Check the payment status of incoming and outgoing invoices
Manually checking your invoices against your bank statements is well and truly a thing of the past thanks to Billit’s automatic payment check.
3Billit reminds you and your customers about invoices that are past due
Send your customers automatic reminders or activate the Unpaid digital bailiff in just a few clicks.
4Pay faster with payment files
Create payment files based on invoices and reduce the chance of human error when paying invoices.
5Generate reports and gain an insight into your financial status
Check your company’s financial status at a glance on the dashboard.
|How soon will my transactions be visible?||Immediately||After your bank processes the mandate
(+/- 5 days)*
|after 1 or 2 business days||after 1 or 2 business days|
|Past data available||✔||No||No||No|
|How soon until operational||Immediately available||After verification of bank accounts||Not immediately available||After verification of bank accounts|
|How to activate||Bank > Automate||Through the company data sheet||Bank > Automate||Through KBC Touch|
|Cost**||Monthtly subscription fee for Ponto||Free||Start-up cost + monthly subscription fee for Codabox||Free|
(*): We have noticed that some banks can take up to 7 business days or more to process the many Billbank requests.
(**): Please note: Your bank may charge you in combination with certain bank subscriptions. Contact your bank manager for further information.