From left to right Tom Totté, Kees Neven and Johannes Vermeire | Image credit: POM
Netherlands-based Mail to Pay, a credit management software company, announced on Thursday, December 8 that it has merged with Belgium-based POM, a fintech startup offering e-invoicing and e-payment technology solutions.
With this, both companies have combined their knowledge of credit management and payment services and will now operate in Belgium as one company under the POM name.
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Kees Neven, CEO of Mail to Pay Group, adds: “With POM and Mail to Pay, we bring two leading technology companies together under one roof. The combination of innovative payment solutions and automated credit management creates new opportunities for organizations to receive payments more smoothly, more efficiently and in a more customer-friendly way.”
About “POM – Peace Of Mind”
Founded in 2014 by Johannes Vermeire and Tom Totté, POM claims to create payment solutions that make it easier for senders and receivers to process donations, membership fees and invoices.
Through POM, organizations can reduce their collection costs and get paid faster. At the same time, the end user enjoys the “ease of payment” via e-mail, mobile or paper. In this way, POM aims to eliminate time-consuming and pointless paperwork.
POM is used by more than 1,300 customers in various sectors at home and abroad, from energy companies, water companies, authorities and hospitals to accounting firms, schools and sports teams. The company currently employs 12 people.
When we talk about the latest development, co-founder Johannes Vermeire says: “By merging our activities with Mail to Pay, we are taking another step forward. We are expanding our offer with invoice follow-up solutions and can thus offer even more added value to our customers and partners.”
The goal of this development
Mail to Pay uses credit management software to streamline the invoicing process for large businesses. Over the past three years, the company in Belgium has accumulated a portfolio in a variety of industries, including healthcare (hospitals and medical laboratories), energy companies, housing and other financial players. The focus is on total relief, often even from the creation of the invoice.
According to a statement from POM, both companies complement each other well. Organizations using Mail to Pay’s credit management software can automate, personalize and robotize the entire debtor process – from sending the first invoice to the last reminder.
According to POM, organizations can pay faster and correctly by adding the QR payment codes and payment links to outgoing invoices. Up to 40 percent of debtors pay within 24 hours of receiving a payment request from POM. The number of reminders also drops considerably, up to 18 per cent.
Both POM and Mail to Pay believe that this way of working offers many advantages such as lower collection costs, higher collection rate, increased customer satisfaction and higher customer retention. In addition, customers of Mail to Pay also have the freedom to change the collection procedure continuously.
POM co-founder Tom Totté adds: “Thanks to the merger of POM and Mail to Pay, we can also increase the speed with which we launch innovations. For example, behind the scenes we are working with Bancontact Payconiq Company on a solution against payment fraud via phishing, and we are developing new payment solutions based on the PSD2 legislation.”
About Mail to Pay
Founded in 2011 by Rody Heijstek and currently led by CEO Kees Neven, Mail to Pay is the founder of Debtor Process Automation (DPA). The company claims to be an expert in sending countless payment requests and automating the debtor procedure. More than two million payment requests are made every month via phone, email, SMS, print, push notifications and other channels.
Mail to Pay reports that businesses using the software treat their debtors more kindly, and their unpaid invoices are paid more efficiently and quickly. Hospitals, insurance companies, authorities, rental companies, energy companies, waterworks and telecoms organizations are just a few of Mail to Pay’s customers.
Currently, the company has a team of 25 people, all experts and technicians from the world of credit management. In addition to the head office in the Netherlands (Alblasserdam), the Mail to Pay group has offices in Belgium (Antwerp) and Germany (Emsbüren).
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