As myaccounts acts as your accounts department, we can work with you to initiate professional, sensitive follow up communication to your customers to ensure your payment terms are met. We can also follow up your customers on your behalf to collect outstanding monies.

Our service involves three stages of collection:

• Verification Service: to confirm the correctness of the original invoices
• Telephone Call / Letters: appropriate follow-up actions
• Notification Service: Communicate with your customers regarding intended next action, record results and report back to you quickly, efficiently and cost effectively.

Quick tip!

Reduce your debtors from 32 days to 25 days and improve your cash flow
For a company that has a $5m turnover, a 7 day improvement would increase cash flow by $95,890!