It is key to the success of your business to ensure invoices are paid in a timely manner, allowing you to maintain a healthy cashflow and minimising the financial risk for you/your company. However, pursuing and collecting debts owed to you/your company is often time consuming.
Automating your debt chasing process allows you to send consistent reminders which increases the likelihood of prompt payment.
Reminders can be tailored to use your own font, branding, email, and signature giving them a more personal and bespoke feel. Different reminders can be created based on the number of days over. Schedules can be set up to chase at set points in time following the date the invoice becomes due, saving valuable time allowing you/your team to focus on high-value tasks.
Automating your debt chasing process scales effortlessly with business growth, reduces human error and preserves customer relationships.
If you would like more information on how to set up an automated debt chasing system, please get in touch.