It’s important as a business owner to have regular debtor follow ups for missed or late payments. Regular debtor follow up can help improve your cash flow position so that you can pay wages and overheads and cover your costs.
Many business owners in Perth, WA that we work with often say they find it awkward following up these payments with their clients they have a close relationship with. Other clients of ours have asked and constantly followed up and found that they are not getting anywhere.
If you need help following up unpaid payments we are specialists in ongoing regular reconciliation of the accounts and regular follow ups to ensure the account is up to date.