Satago

What Satago is

Satago brings credit risk information, invoice follow-up and invoice finance together for businesses and their accountants. Risk Insights displays customer risk bands, average payment times and suggested credit limits. Credit Control can schedule customised invoice reminders, monthly statements and thank-you emails. Messages can go through Microsoft Outlook, Gmail beta or a Satago mailbox, with email and SMS listed as communication channels.

Businesses can seek finance for selected invoices or for all eligible invoices; Satago advertises advances of up to 90%. Its SME plans start at £45 per month or £450 billed annually, with higher tiers at £80 per month or £800 annually and £200 per month or £2000 annually. Invoice finance pricing is pay-as-you-go per invoice or bespoke, depending on the option. Satago lists more than 300 accounting integrations, including Sage, Xero and QuickBooks. It is available on web and API, has a 14-day trial and no free plan. Founded in 2013, the company is based in London.

Who it suits

Satago suits businesses and accountants seeking customer risk insights, automated invoice communications or invoice finance. Its finance eligibility criteria are specific to UK businesses and differ between single-invoice and full-facility options.

Limits

The 14-day trial is available, but there is no free plan. SME Basic includes 25 credit reports and 100 email reminders per month; Single Invoice Finance is limited to eligible invoices from £5,000 to £2.5m, and Full Invoice Finance requires a minimum 12-month contract and a facility from £100,000.

Getting started

1. Visit the Satago website.
2. Choose the web platform or API route.
3. Start the 14-day trial or select an SME subscription.
4. Connect accounting software such as Sage, Xero or QuickBooks.
5. Set up customised reminder schedules and choose an email route.
6. Review the eligibility requirements if applying for invoice finance.

Verdict

Satago combines credit insights and invoice follow-up with two invoice finance routes. Check the plan limits and finance eligibility requirements against your business before choosing an option.