Ever wondered why chasing up invoice payments can be a real challenge? Yes, sometimes it’s down to customers being too negligent of their responsibilities to pay on time. However, what if you could take proactive measures to reduce the headache of late payments starting from the make-up of an invoice? Simple steps taken with improving your invoice can really impact your DSO, improve the cash-flow for the business and tackle late payments head-on.
We provide you with a simple guide on what to look out for an improve on when it comes to creating an invoice We cover tips of how to avoid confusion and ambiguity, layout and communicating the terms of payment; all geared towards improving your risk of late payments and the knock-on effect it can have on your DSO.