Frequently Asked Questions

Veita has the goal of helping companies to

• increase liquidity and get paid by customers more quickly
• increase the process efficiency in receivables management and at the same time
• increase customer satisfaction.

For CFOs, Veita means they can get a real-time view of when receivables are due and perform predictive analytics on receivables that feed into working capital and treasury management.

For managers, Veita means having a better handle on the workload of their teams and setting appropriate targets for receivables management.

For case handlers, Veita means that a high number of transactions are automated, freeing up time for more complex and value-adding work.

For customers, Veita means a more interactive relationship through a customer portal for invoices and payments. Better interaction with one's suppliers helps reduce disputes and speed up problem resolution. A positive payment experience also increases customer satisfaction.

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Veita supports companies that are interested in

...reducing DSO,
...optimising working capital,
...digitising finance functions,
...automating order-to-cash processes,
...increasing transparency,
...reducing payment defaults or
...improving team efficiency.

> Register now for Veita

Veita includes the following central functions:

• Data integration from different sources (e.g. ERP, FIBU, banking system).
• Process automation for simple and repetitive operations
• Workflow for cross-functional collaboration
• Dashboards and reports with meaningful key figures and graphics
• Forecasts of payment behaviour and expected cash flow
• Digital assistant for recommendations on actions

> Discover what features Veita offers

Who would expect their most important and trusted customers to stop paying their bills? Yet this happens frequently to company leaders: every business owner knows his or her sorrow about payment delays and defaults. For small and medium-sized enterprises (SMEs), in particular, a thin equity cover means that such situations are difficult to compensate thus threatening the existence of the company.

Veita's software solution helps businesses adopt efficient accounts receivable management. The platform accelerates processes, allows immediate control of receivables based on real-time KPIs and offers new opportunities for customer interaction.

> Explore how Veita can support you

Veita was developed by three former management consultants. In their day-to-day consulting work, they were repeatedly frustrated by the fact that inflexible IT systems and missing data posed an obstacle to sustainable improvements in profitability and liquidity.

> Learn more about the people behind Veita