A dedicated corporate bank account is a prerequisite under Maltese company law and a practical necessity for managing SEPA payment flows. Every incoming SEPA credit transfer and every direct debit collection must be matched promptly against the corresponding open fiscal receipt — delays in reconciliation distort the VAT ledger and the cash flow picture.
SEPA credit transfers arrive across multiple accounts and each line must be manually matched to an open fiscal receipt — a task that takes several hours each week and accumulates unmatched items over time.
Automated SEPA statement import with payment reference matching: each credit transfer is paired with the corresponding fiscal receipt, reducing unmatched items to near zero without manual effort.
Overdue payment reminders are sent sporadically or not at all, stretching average debtor days and putting pressure on the EUR cash position.
Configurable automated reminder sequence: SMS and email dispatched at defined intervals before and after the fiscal receipt due date, with automatic escalation for long-overdue balances.
Automatic reconciliation and a reminders cadence that protects your cash flow.
