Get Prompt Payment
Small businesses are carrying billions of dollars worth of unpaid invoices. Those late payments put pressure on your cashflow and can cause a lot of worry. And yet, just a few simple steps could help you fix the problem.
Late payment happens – a lot
If you’re a small business owner, you’ve probably been paid late before. You’re not alone.
Here's some quick tips from Xero to get paid faster:
1. Set short payment terms
2. Create incentives
3. Itemise your invoice
4. Invoice quickly
5. Chase the payment
Read the full article from Xero here.
Don't have time to chase overdue accounts? Let Bookworks do the chasing for you. Give us call on 033795338 to see how we can help.