Optimise your water, electricity, gas or telecommunications company's collection management with solutions designed specifically for the challenges of the utility sector.
Specific collection challenges for utility companies
Utilities face unique circumstances in their collection management due to the high volume of bills, the essentiality of the service and specific regulations.
High volume of recurring invoices
Utility companies manage thousands or millions of monthly bills, requiring robust collection and tracking systems.
Variable default rates
Essential services experience default rates that fluctuate with economic and seasonal conditions.
Strict charging regulations
Specific regulations on charging times, methods and communications that vary by region and type of service.
Management of multiple payment methods
Need to offer and manage multiple channels and payment options to satisfy customer preferences.
Solutions
How Paymefy solves utilities' charging challenges
Our solutions are specifically designed to address the particularities of utilities and maximise the efficiency of the collection cycle.
