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How Wholesalers Can Get Paid On Time

September 30, 2019Late Payments

Businesses are slowly getting better at paying on time, but sadly for wholesale distributors, this is far from the truth. Wholesalers are still suffering from the late paying habits of their retail customers. According to Xero’s recent study, the retail sector remains the slowest payment times, paying bills an average of 23 days late. This, …

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8 Common Invoicing Mistakes

September 23, 2019Invoicing

Sending invoices to your customers is obviously a very important step in receiving payment. But you would be surprised to learn that many business owners have a poorly constructed invoicing system and mistakes are made constantly. These small invoicing mistakes can lead to larger problems for your business, such as dealing with late payments. We all know that reoccurring …

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How To Get Your Invoices Paid On Time

September 2, 2019Late Payments

We all know that sales are what keeps us in business, but if we don’t receive the money we are owed, sales won’t achieve anything for us. According to ASIC statistics, having bad cash-flow is why most companies fail. To give you an precise figure, a survey undertaken by Xero showed that if invoices went …

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