Toku

What Toku is

A collections platform for businesses that get paid on a schedule. It covers the cycle from bill issuance to money received: customers view and pay in a branded portal, automatic debits retry intelligently after failures, and reminders go out over the customer's preferred channel.

Reconciliation runs in real time, so finance sees actual cash position rather than last week's export.

What you can do with it

• Give customers a branded portal to view and pay bills
• Run automatic debits with smart retry on failures
• Send reminders by email, SMS or WhatsApp
• Reconcile payments in real time with reporting
• Integrate through API, files or native connectors
• Manage subscription charges and recurring billing at volume

Who it is for

• Finance teams at subscription businesses
• SaaS companies managing recurring revenue
• Service companies with periodic billing
• Organizations where manual dunning has become a drag

What to watch out for

• Automatic debits are regulated; mandate handling and local payment rules need compliance review
• Payment data is highly sensitive; verify the platform's certifications for your region
• Retry logic that is too aggressive damages customer relationships
• WhatsApp-based messaging must follow Meta's business messaging rules