It can sometimes be hard to keep up with payments which are still pending for goods or services that you have already provided. Putting in place an effective payment tracking system is essential for the profitability of your business.
You should ensure that the system you use allows you to track all your invoices and filters them so that you can see at a glance:
- Invoices that have beensettled
- Invoice still to be paid
- Any unpaid invoices that have defaulted i.e. are past their due date
At Salhan Fund Flow, we are able to support your business by putting in place an effective and easy to use payment tracking system. To find out more about payment tracking for your business, please contact us.