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How often should you chase invoice payments? | Chaser

Chaser

When it comes to chasing invoice payments, how often is too often and how often is not enough? Chasing customers for payment can be awkward, but the reality is that if you don't do it, you may never get paid.

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Outsourced credit control? How to automate your credit management

Know-It Global

Credit control is the solid foundation that a finance team should be built around. How else can your business pay its expenses if you’re not being paid for the work you’ve done?! But the fact you’re reading this article shows that you’re switched on and understand how vital it is to your business! Outsourced credit control.

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Reducing Debtor Days To Maximise Cashflow

Know-It Global

Late payments are crippling businesses all over the UK with 52% of businesses experiencing late payment , and 25% reporting increased instances of late payment in 2022. days and the average late payment time hit 8.8 days and the average late payment time hit 8.8 You’re not alone. days to 31.3 days, up by 1.5

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How to improve your Cashflow by using credit management tools

Credit Management Group UK

Using the credit management tools available to you effectively can greatly increase your chances of getting paid more quickly. Improving your use of credit management tools Invoice Ensure that your invoices: Are dispatched quickly Are accurate Comply with any contractual invoicing procedures.

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How To Boost Cashflow With Late Payment Interest

Know-It Global

Did you know you’re legally entitled to claim late payment interest and compensation for any of your overdue invoices? Late payments are one of the most frustrating parts of doing business and the effects are devastating, with 440,000 businesses possibly being forced to close as a direct result of being paid late.

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10 strategies for optimizing your accounts receivable to maximize your ROI

billtrust

What you’ll learn. The primary goals of accounts receivable The best KPI for accounts receivable Ten AR optimization goals you should accomplish How to get paid faster with key collection strategies How accounts receivable automation can eliminate manual tasks. Share with your network: Mail.

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How to get paid faster: 10 pro tips to optimize payments

billtrust

How to get paid faster: 10 pro tips to optimize payments. What you’ll learn. A quick primer on payment processing The five steps of payment processing grief 10 steps to get paid faster How do you motivate customers to pay? How to control a negotiation. If so, you’re not alone.