In our Cash Flow Management eBook we highlighted one of the strategies to assisting small businesses with improved cash flow was to improve debt collection.
Many of us we want to take control of our cash flow and get paid faster so we have provided information below on a web-based debtor management apps that can assist you with this.
Debtor Daddy works with your existing online accounting software and keeps track of what's due and automatically sends reminders to customers requesting payment.
You have the ability to choose the best reminder sequence for each customer or invoice allowing you to increase customer loyality by making the reminder as friendly, firm or even funny depending on your relationship with your customer.
Keep your finger on the pulse as the schedule view allows you to see what's going out tomorrow or later in the week while also giving you the ability to pause or cancel reminders if you need to.
Here's an overview of the day to day operation of Debtor Daddy...
Another tool that's in it's early stages is Attache Collect that integrates with most major accounting systems such as Xero, MYOB, Attache, Reckon and QuickBooks, either on the desktop or online. It lets you simply set and forget for stress-free payments.
Attache Collect is currently still in it's trial stages and are allowing you to trial it for free until the end of 2015.
Here's how it works....
If you would like to discuss this or any other item regarding your cash flow management please don't hesitate to contact us at HTA Advisory.