A lot of time can be spent chasing your customers for payment of their debts. Through Xero's blog we have discovered a innovative new solution.
Debtor Daddy helps you get paid faster by connecting to your Xero account and finding all your outstanding accounts receivable invoices. Within a few quick steps you’ll have a customised template that can be automatically emailed to clients who have not paid by the due date – just the thing to keep cash flowing into your coffers. You can set reminders to go out just before the due date, right after and at intervals right up to the dreaded "Final Demand”. Let’s hope it doesn’t get to that though! Sounds great so far, but what about those customers you need to keep sweet no matter what? Debtor Daddy has thought of that: you can prevent reminders being sent to particular contacts or for certain invoices.