Accounts receivable for small businesses: a complete guide
For most small businesses, accounts receivable management is not a formal process. It is invoices sent, then checked occasionally, then chased when the silence gets…
Blog
What Late Invoices Actually Cost You (It’s Not Just the Money)
The obvious cost is the invoice itself. $3,200 unpaid. But the real cost is everything around it. The 102 hours a year the average self-employed…
How to Chase a Late Payment Without Making It Weird
The first follow-up is easy. “Wanted to make sure this didn’t slip through.” Fine. The second one is harder. By the third, you’ve entered territory…
Your Customers Aren’t Ignoring Your Invoice. They’re Ignoring the Reminder.
Open your Gmail spam folder. Count the invoice reminders from platforms you don’t recognize. [email protected]. [email protected]. [email protected]. That’s what your customers see when your invoicing…
Accounts Receivable Without an Accounts Receivable Department
Large companies have AR departments. People whose entire job is tracking invoices, scoring risk, following up, and reporting on collections. Small businesses have… whoever remembered…
Net 30, Net 15, Due on Receipt: What Gets You Paid Faster
Payment terms feel like a formality when you’re writing the invoice. They’re not. The difference between Net 30 and Net 15 is real money in…