The SpurtCloud rule engine is a powerful tool that lets you define the Action that triggers on a specific event. For example, you can use the rule engine to send New Invoice reminders, Invoice Due Date Reminders, or Credit Limit Used Reminders, and set rules for Early Pay discounts. With the SpurtCloud rule engine, you can define the rules that govern how your system behaves, and you can tailor the rules to your specific needs using the low code no code workflow designer. The rule engine is easy to use and provides a great deal of flexibility, making it an essential tool for any business.

Actions are a collection of activities like sending email, sms, fax, regular mail, adding notes, making logical decisions like determining if credit limit has exhausted, when was the last payment made, etc. The sequence of the activities can be organized in workflow steps using the SpurtCloud Unique LowCode NoCode Workflow designer.

Different rules that can be configured are:

New Invoice Action: Action to be triggered when a new invoice is added.

Due Date Reminder (Days before Invoice Due Date): Create a schedule and define the actions that should be triggered on certain days before the due date. For example, you can have Action 1 on 15 days before due date and Action 2 on 10 days before the due date.

Credit Limit Used Reminder: Create a schedule and define the actions that should be triggered based on the credit limit used. For example, you can have Action 1 on 50 % exhaustion and Action 2 on 75 % exhaustion.

Early Pay discount (Days from Invoice Date) Define the discount that should be applied to all customers automatically when a new invoice is created. Different discounts can be defined based on the number of days from the Invoice date like 5% for payment with-in 3 days and 3% for payment within 5 days and 1% for payment within 8 days, and so on.

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