Debtors are the people or businesses who owe you money. We often see that business owners get so tied up doing the work that they forget or don’t have time to chase the outstanding money owed to them.
Promptly invoicing your job or the goods you have sold is the first step to ensuring prompt payment, but it doesn’t stop there.
How many times do you get told that your customer has not received the invoice?? How often does it take months to receive your money? Late payments have a huge impact on your cashflow and are incredibly stressful.
Let us help you put the systems and processes in place to ensure you get paid for a job well done. 3rd Arm Admin can either do this for you or help you put the systems in place by:
- Ensuring jobs / goods are invoiced in a timely manner
- Sending monthly debtors statements
- Chasing up outstanding payments
- Managing Debtors and their contact details