Know who to chase
Every trader knows their good parties and their slow ones — in their head. When the business grows, that knowledge does not scale, and new staff cannot see it at all.
MilegaPay grades every party from what they have actually done: how many days their oldest unpaid bill is past its due date. Next to the grade sits a late-payment risk score worked out from a year of payment history, a promised date that passed, and how much of what they owe is overdue.
What you get
Four clear grades
A: nothing overdue or up to 20 days late. B: 21 to 60 days. C: 61 to 80 days. D: more than 80 days. Change the days to suit your trade.
Automatic blacklist
A party that reaches D goes on your blacklist on its own and you are warned before the next bill; it comes off when they pay down to C.
Filter in one tap
The parties list has A, B, C and D filters, with the latest payers at the top of B, C and D.
Late-payment risk score
A 0–100 score with the reasons behind it — pays 25 days late on average, three bills overdue, missed a promised date.
Credit from the month end
For parties given credit from the month end, a January bill of any date counts from 1 February. Set it per customer.
Tone follows the grade
Reminders to good payers stay gentle; long-pending accounts get firmer, polite wording.
Decide credit with facts
Before the next order, see whether this party has earned more credit or should pay in advance.
Common questions
How is the grade worked out?
From the number of days the customer’s oldest unpaid bill is past its due date, using payments applied to the oldest bills first.
What grade does a customer with no dues get?
Grade A.
Can I change the 20, 60 and 80 days?
Yes. Each business sets its own days, and every party is re-graded straight away.
Related
Stop chasing payments by hand
Start free for 14 daysMilegaPay is business software for collecting money customers already owe. It is not a loan or lending app.