Good relationships are good for business.

In Australia, 42.4% of domestic invoices remain unpaid at the 
due date. The way we manage our B2B relationships needs an update. 
That’s where we come in. Parakeet makes it simple to automate early payment collection, broker returns and manage business debt. 
It’s accountability made easy.

Create your account for free.

We automate early payment by brokering returns. 

Our solution

1. What is a return?

It's a reduced price on your invoice offered to customers as an easy nudge to get paid early or on-time.

Once you and your customer approve the offer, they get a reduced bill and you receive early payment. Everyone wins! Best yet, customers don’t need to be Parakeet users to approve, giving you more cash flow opportunities.

2. How does it work?

Set the maximum return you are willing to offer and we'll take care of the rest.

Based on the maximum set, we'll offer returns to customers on your behalf. Not sure what percentage to set? Try our returns calculator. You'll receive a personalised recommendation for your business needs.

3. Why offer returns?

Took out a loan? Using credit cards? You're not alone, but while invoices remain unpaid, debt doesn't wait.

Offering a return reduces your admin time chasing payments allowing you to pay down your debts sooner rather than later. It’s a win-win that offsets the cost of the return offered.

See the solution

Take a tour of Parakeet

How might returns boost your business?

Try our calculator

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The information which you calculate from this calculator is intended for use by you as a guide only. This simulation, resulting calculations, figures and formulae used within this calculator may change at any time without notice. Parakeet accepts no responsibility for any losses arising from any use of or reliance upon any calculations or conclusions reached using the calculator. This calculation does not take into account fees which may apply to the services provided by Parakeet.

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The information which you calculate from this calculator is intended for use by you as a guide only. This simulation, resulting calculations, figures and formulae used within this calculator may change at any time without notice. Parakeet accepts no responsibility for any losses arising from any use of or reliance upon any calculations or conclusions reached using the calculator. This calculation does not take into account fees which may apply to the services provided by Parakeet.

Reduce debts and get paid faster. Much faster.

Our features

1. Peace of mind.

2. Hello early & on-time.