Overdue Payments & Example Letters Many businesses dread dealing with customers who have outstanding accounts or unpaid bills.
Sometimes these matters can be unavoidable, however, so it pays to have a clear system in place to deal with these situations.
Stuart's ability to integrate seamlessly into our business as both an accountant and high level business advisor has helped us to move forward and also negated the need for an internal CFO.
I'd recommend the AFYF team to anyone ready to take their business to the next level.
Often a firm letter on solicitors’ letterhead will get more immediate results.
Working with Stuart and the team at AFYF has been an amazing step forward for our business.
Their ability to holistically take care of our financial and book keeping needs has been invaluable and allowed us to focus on core activities.
There are also steps that can be taken from the very beginning of a business transaction to avoid late payment.
These include: To avoid spending valuable time and effort chasing late payments you should consider having collection letter templates ready to use and a timing process for sending each one already in place.