All companies face cash flow challenges, particularly in times like these, where interest rates are high, and the cost of capital continues to rise. Late payments can disrupt operations, especially for subscription-based businesses that rely on steady revenue streams. Younium understands this well, which is why we've focused on solving the collections issue to help our customers maintain healthier cash flow.
At Younium, we focus on proactive steps to help minimize late payments. One of the most effective measures is implementing a strong reminder flow for overdue invoices, ensuring that customers are reminded promptly and clearly when payments are due
Another crucial solution is partnering with trusted local collection agencies in the regions we serve. These partnerships allow our customers to forward unpaid invoices seamlessly, helping them recover outstanding payments more quickly and reduce overall payment times.
In line with this commitment, we’re excited to announce our latest partnership: Collectio AS, a leading Norwegian collections company that has been serving the Norwegian market since 2012 and has 28 years of experience in the industry.
What does this mean for Younium customers?
With Collectio AS now fully integrated into the Younium platform, our customers can start using Collectio's services within minutes. The integration is designed to be fast and seamless, helping Younium customers streamline their collections processes. Ultimately, the goal is clear: to get paid on time and improve cash flow.
Viktor Falk Jimenez, Product Manager at Younium
"To strengthen our offer in Norway, I’m happy to have initiated this partnership with Collectio AS. They are great to work with and have a proven track record of being one of the most efficient collections companies in Norway."
Håvard Brandt, Sales Manager at Collectio AS, shared his thoughts on the partnership:
"We are incredibly happy to be a partner with Younium and the exclusive provider of reminders and collections. Our 28 years of Norwegian market experience uniquely positions us to support Younium's customers, helping them reduce payment delays and improve their financial operations."
This partnership with Collectio AS allows Younium to continue expanding its comprehensive suite of services in the Norwegian market. Localization is key, and by integrating with trusted local partners like Collectio AS, we’re confident that Younium customers will be able to reduce payment delays and see tangible improvements in cash flow.
A Tailored Solution for the Norwegian Market
Norwegian businesses can now benefit from a fully localized collections process, which is integrated directly into their Younium workflows. By partnering with Collectio AS, Younium offers its customers a way to close the collections gap without the hassle of searching for external collection services or managing multiple platforms. This seamless experience helps to ensure faster payment cycles and reduced administrative overhead so businesses can focus on growth rather than chasing payments.
If you want to learn more about this partnership and how Collectio AS can help you, contact Håvard Brandt or your dedicated Younium Customer Success Manager (CSM) for more details.
