Know-It Global

APRIL 13, 2023

Typical payment terms are usually 30 days and must be included on your invoice. Did you know you can legally charge late payment interest, compensation and debt recovery costs on your overdue invoices? Having a series of late payment chasers ready to send until payment is made is so important. 7 days after the due date.

Credit and Collections 97

Credit and Collections Days Sales Outstanding Credit Scoring DSO 97

Know-It Global

APRIL 19, 2023

These 2,115 businesses were all placed into liquidation due to not being able to pay their creditors for outstanding invoices. These are frightening stats, especially taking into account the £68,413 the average SME is owed in outstanding invoices! Sign up today and get a free business credit report !

Bad Debt 98

Bad Debt Credit and Collections Credit Risk Credit Management 98

Know-It Global

JULY 12, 2023

Having issues with invoices not being paid on time? Six in ten businesses are impacted by invoices being paid late. Sending invoice emails is an essential part of doing business if you want to get paid on time. That’s why we’re giving you an invoice email template you can copy! You’re not alone.

Credit Card Payments 52

Credit Card Payments 52

Know-It Global

JUNE 5, 2023

Implement a robust invoicing system Efficient invoicing is critical to prompt payment. Ensure your invoices are accurate, transparent, and easy to understand. Utilise invoicing software to automate the process, enabling you to generate and send invoices promptly. Need help writing an invoice email ?

Electronic Funds Transfer 52

Electronic Funds Transfer Bad Debt Credit and Collections Credit Management 52

Know-It Global

JUNE 28, 2023

Now you can credit check and monitor companies, automatically send payment chasers and reminders, collect overdue invoices and more in one place! By automating this through Chase-it you avoid these uncomfortable conversations whilst also ensuring you don’t miss any invoices! Check out this short demo to see how-it works!

Credit Scoring 52

Credit Scoring Credit and Collections Bad Debt Credit Management 52

Know-It Global

AUGUST 2, 2023

These letters serve as a gentle reminder to customers about their overdue invoices and the consequences of continued non-payment. Detailed Invoice Information Include a breakdown of the outstanding invoice, providing the client with a clear understanding of the services or products rendered and the amount owed.

Credit Scoring 52

Credit Scoring Credit and Collections Transactions 52

Know-It Global

JUNE 20, 2023

Download this guide as a pdf as well as our other resources for free here ! Get a free business credit report! Sign up to Know-it for free and get a business credit report immediately! Get My Free Business Credit Report 1.3 Specify the invoice number, date, and payment due date prominently.

Bad Debt 19

Bad Debt Credit and Collections Debt Collections Credit Risk 19