Allocating oldest invoice

Automatic assignment of invoices to the oldest outstanding invoice with PolicyManager, as required by insurers. Indispensable software that eliminates manual complexity.

Payment received €4,500
1 Invoice 2025-0912 €2,000
2 Invoice 2025-1003 €1,800
3 Invoice 2025-1044 €700
Oldest outstanding invoice first

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Assigning oldest invoice

Optimise your financial processes and reduce risk of claims

Allocating payments to the oldest invoice is manually a time-consuming and almost impossible task. PolicyManager automates this process, which not only saves considerable time but also increases precision, preventing premature or unjustified claims reports.

Automatic assignment to the oldest outstanding invoice

As required by insurers, without manual complexity

Prevents premature or unjustified claim notifications

app.creditdevice.nl/policymanager/reconciliation
Reconciliation overview Van Rijn Techniek B.V. Automatically reconciled
Payment received Aug 26 · bank statement 184 €4,500.00
1 Invoice 2025-0912 Overdue 42 days · oldest outstanding invoice €2,000.00 Paid
2 Invoice 2025-1003 Overdue 21 days €1,800.00 Paid
3 Invoice 2025-1044 Overdue 6 days · from €1,250.00 €700.00 Partial
Remaining outstanding balance €550.00

Time saving

Automation minimizes the time normally spent on manual assignment.

Accuracy

Reduced human error in payment allocation.

Risk reduction

Avoid unnecessary claims reports through accurate and timely allocation.

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Combine different modules into one powerful package

Find out how our credit management software improves your processes.

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PolicyManager

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“

CreditDevice’s PolicyManager gives me quick insight and an overview of potential risks. Transparent and clear, it allows us to better assess risks and increase coverage faster. Responsible business practices are exactly what Flexhub stands for, which is why CreditDevice is a great partner.

Kimberley van Roosendaal

Flexhub

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Offerte aanvraag (Active) (#ENGELS)
Kredietinformatie aanvragen (Active) ENGELS

By entering my personal information, I authorize CreditDevice to collect, process and store it in accordance with CreditDevice's Privacy Policy

*You can request a one-time free credit report on a Dutch company.