Late invoices can significantly impact a business. When invoices are not paid on time, it can disrupt the financial planning and forecasting of a company.
Keeping track of unpaid invoices can be challenging, but it's necessary. It allows businesses to implement proactive debt management strategies, such as offering payment reminders, negotiating payment plans, or engaging in early collection efforts.
Download this free invoice collection report template to start keeping track of all the invoices you have sent to your customers and have an overview of who owns what.
