Turn Your Invoices Into Cash.
How does 123 PAY work?
Prevention
Our credit management tool prevents unpaid or disputed invoices turning into bad debt.
![123pay-prevention-icon-1 123pay-prevention-icon-1](https://insolvencyandlaw.co.uk/wp-content/uploads/123pay-prevention-icon-1.png)
Knowledge
123 PAY members have direct access to a dedicated team of experts to help with credit management, debt and commercial insolvency related advice.
![123pay-knowledge-icon-1 123pay-knowledge-icon-1](https://insolvencyandlaw.co.uk/wp-content/uploads/123pay-knowledge-icon-1.png)
Remedy
In the event customers do not pay their undisputed invoices, members of 123 PAY can take advantage of our same-day Winding-up Petition Service at a substantially reduced rate.
![123pay-remedy-icon-1 123pay-remedy-icon-1](https://insolvencyandlaw.co.uk/wp-content/uploads/123pay-remedy-icon-1.png)
123 PAY is for businesses who extend credit to customers.
Membership service is inexpensive and easy to implement as part of your credit management.
Members are given a carefully constructed notice to place prominently on all invoices and delivery notes.
Our specialist credit management service achieves the following:
(1) Inform your customer about your dispute policy
(2) Remind your customer that your invoice is a formal demand for payment
(3) Warn your customer that insolvency proceedings may commence if your undisputed invoice remain unpaid
![Dummy Invoice for 123 PAY Dummy Invoice for 123 PAY](https://insolvencyandlaw.co.uk/wp-content/uploads/Dummy-Invoice-for-123-PAY.jpg)