You can count on the rules … even if they don’t exist

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You can count on the rules … even if they don’t exist

This wording almost ALWAYS gets a reply
AS LONG AS there have been systematic reminders sent beforehand.
As always, start early
.

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Dear Mr Bloggs,

Please advise if payment for the January invoice 123456 ($6,123.00) and the April invoice 131234 ($3,231.00) has been organised.

If a payment date has already been scheduled, thank you. Please advise when it is to be made.

But, if not, please either settle the balance due or contact me as I have to submit a report to the Board about all overdue accounts this week and, in the absence of any response, they are likely to suggest that we revert to policy.

In advance, thank you.

Regards,
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Why does it work?
Because they probably don’t know what your policy is and what you MIGHT do next. You probably haven’t got a policy anyway!! (Fear of the Unknown strikes again!)

By | 2017-09-20T10:27:45+00:00 June 17th, 2014|wording|0 Comments

About the Author:

Have you ever wondered why a client does business with you and then ignores your invoice like they had no intention of paying it in the first place or they treat you like their own personal line of credit, leaving YOU dangling, waiting months for their payment? Unfortunately this situation is all too common and can even be puzzling for the most experienced business owner. If you’ve ever had to handle outstanding accounts or you are just so over non-payers, then we can help. Real-world skills, solutions, tips & strategies to get more accounts paid on time, and, most importantly, how to maintain customer goodwill while keeping YOUR cash flow in the positive. You will find the blog posts helpful but to get real results, contact us by using any of the forms on this site, by email or by phone. I’ve been involved in the management of accounts for over 30 years, heard every excuse in the book, can spot a non-payer at 20 paces. Finance Companies in the 70s (systematic, tough), professional firms in the 80s (no systems, too gentle) and, since then, just about every other sort of business you can think of. I’ve written books on the topic, spoken all over the place about it and the blog in this website is my way of “giving back”. I hope you find it helpful.

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