No matter how well you know and trust a customer, adding a contract to a project can make the payment process less of a headache. Not only will a written and signed agreement define each party’s obligations and expectations for … Read More »
Whether you are plagued with delinquent accounts or want to prepare your staff for potential future debt collection, knowing what to say on a collection call is important for the success of the collection call. Past due calls can be … Read More »
We all want to get paid faster, but is your invoice keeping your customers from paying? Here are top tips for redesigning your invoice to increase your business’s cash flow. Include the word “Invoice”. It may seem obvious, but … Read More »
Building a consistent cash flow for your business will help alleviate the impact of potential financial issues down the road. To decrease the amount of bad debt within your business, one tactic is to provide customers with early payment term … Read More »
Technology has become a large part of our lives, yet many companies still use paper invoicing. According to PayStream Advisors’ 2013 Invoice and Workflow Automation (IWA) Benchmark Report, paper invoices continue to decline from 59 percent in 2012 to 52 … Read More »