Let Xero Invoice Reminders improve your cashflow.

We all know that getting cash into the bank account is key to success in your business. Sadly, this can take longer than we’d all like, and can feel awkward too. With Xero Invoice Reminders though, you can quickly and automatically remind your customers to pay you. Once they’re set up, the reminders take care of themselves, allowing you to get on with the day job.

How do Xero Invoice Reminders work?

  • Use the preset timeframes or decide how frequently you’d like them to go. There are a range of templates within the system for inspiration.
  • Tailor the content to match your usual ‘voice’ – friendly is best, at least at the start!
  • A ‘before due’ prompt is always a good idea.
  • A link within the reminder allows the customer to view and pay the invoice online straightaway.
  • Do you have a customer where you’ve already spoken to them, and agreed they can extend their payment due date? Switch off the reminders for that customer, or for the one invoice; it’s flexible!
  • Once set up and switched on, the reminders will go every morning, without you having to get involved.

Image of Xero Invoice Reminder for Blog post 'Can Xero Invoice Reminders Improve your cash flow?'

If you’re unsure of how to set up Xero Invoice Reminders and would like some support, or if you’d like to talk about improving your cash flow, why not get in touch? As a Xero Partner Firm, we can help with all aspects of Xero training and efficiencies, as well as other software packages too. We can also help you find lots of ways to monitor and improve your cash flow.

For more information about Cashflow, read our related Blog Posts:

BaranovTV – How can you control your cash position? Episode 22. Cash is King! But how can you effectively track cash through your business and retain or regain control of it? Watch this to find out…

Why do I need a Cash Flow Statement? ‘Why do I need a Cash Flow Statement?’ is a question we’ve been asked question several times in the last couple of days, after it was mentioned in a meeting with lots of business owners. We therefore thought it was worth explaining!

Our Guide to Controlling the Cash in your Business Sadly, there’s no magic pill that will create cash in any Business, but our Guide will help you regain and retain control of your cash position. Including ways to speed up the rate money comes in (and to slowing down the rate it leaves), monitoring cashflow, improving your Debtors figure and spotting the warning signs around cash – it’s all here for you.

 

 

 

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