Get Paid on Time: Practical Tips for Managing Overdue Invoices,

Published on 28^th January 2025

Every business wants to get paid on time, but turning that goal into reality can be challenging. That’s where we can help.

Watch our latest video featuring Lauren Woolley and our Non-Executive Director Philip King FCICM for expert advice on keeping cash flow healthy and reducing overdue invoices.

Here’s a sneak peek at what you’ll learn:

• How agreeing payment terms upfront makes a big difference.
• Why accurate invoicing to the right contact is critical.
• The power of prompt follow-ups to avoid unnecessary delays.

Key Takeaways from the Video:

• Act early: Don’t wait until the payment is overdue to start chasing.
• Follow up professionally: Polite, consistent communication builds trust and ensures you’re taken seriously.
• Escalate quickly if ignored: Use tools like Top Service reminders, notices, or debt recovery services to avoid prolonged delays.

Did you know?
You can claim statutory late payment interest and charges on overdue invoices—even for invoices paid late within the last six years. This could significantly boost your recovered amounts!

Don’t miss out on these practical tips— watch the video now and give your cash collections a head start in 2025!