NetDebt offers the same functionality as NetCollect but with a few additional features to help businesses manage debtors whose debts may require payment terms.

Once these have been agreed upon, NetDebt automatically collects the instalment when it’s due and stops the collection when the debt has been settled. Payments collected are placed in a clearing account, which means any split payments required are only made on no-risk funds.

NetDebt is a great way to preserve a business relationship when there are payments outstanding, as it places a professional buffer between you and your valued customer.