Reasons Clients Don’t Pay On Time
Published September 07, 2017
Creating and maintaining consistent cash flow in an accounting firm is an ongoing effort, from initial client engagement to following up with past-due accounts. Determining the ‘why’ when your clients don’t pay on time can reveal where and how you need to improve your internal processes in order to improve cash flow.
- The client has a genuine dispute
- They are just busy or overwhelmed
- They are disorganized
- The client doesnt have enough money to pay the account
- The lcient is unconcerned
- The client is dishonest
Check out the pdf attachment to read more on this topic and ways to manage this issue!
Reasons Clients Don't Pay On Time (268.43 KB / pdf)