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Are your customers paying their invoices late?
You're not alone. 53% of all invoices issued by Australian businesses are paid late by an average of 26 days (Xero).
Whilst late payments can leave many finance teams feeling frustrated at their customers for being 'bad payers', others are implementing proven strategies to prevent late payments before they even happen.
Your internal processes and credit management policy play a huge role in how often customers will pay you late, and how late payments will be made.
You have the power to drastically reduce late payments for your business by making a few simple process changes.
See seven proven strategies that are helping businesses to stop late payments in their tracks, reduce days sales outstanding, and improve cash flow.
Your webinar will cover
Amaya has researched and communicated businesses' pain points when it comes to late payments for over 4 years. She ran a research project assessing the severity of late payments at over 400 businesses and was a speaker at the UK government's Prompt Payment and Cash Flow Review Technology Roundtable.
Kev speaks to businesses that are struggling with late payments every day. He has a strong grasp of the business situations that typically lead to late payments, and how to solve them by implementing best practices, effective strategies, and technology solutions.