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Did you know that the layout of your
invoices and statements can affect your collections rate?
The truth is that it can. An effective invoice layout is a
key to following billing best practices. Implementing a
clearly defined and repeatable billing process is another
step to following invoicing best practices.
Invoices need to clearly provide full
purchase information so that your customers do not delay
payment because they don’t remember their purchases.
The accounts receivable consultants at
Credit Services Plus can help you arrive at billing best
practices that will lower your outstanding accounts
receivable and reduce the number of accounts you need to
turn over to a 3rd party collections agency.
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