“Previously, businesses had to hire credit control specialists or give extra tasks to existing members of their team to manually monitor the payment dynamics of customers. An employee had to identify late payers, then prioritize, contact and follow up with individual clients to ensure late payments were received. This was not only time-consuming but also stressful for business owners and often prone to errors.”

https://www.finextra.com/pressarticle/91812/kolleno-raises-4m-seed-to-help-businesses-solve-cash-flow-struggles