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A Process for Chasing Payment Print

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Systematic follow-up.

WHY A PROCESS

Chasing when you remember means chasing late and inconsistently.

A SIMPLE SEQUENCE

A reminder a few days before the due date A polite reminder on the due date A firmer reminder a week later A final notice with stated consequences Escalation

THE REMINDER BEFORE THE DUE DATE

The most effective and least used.

Most late payment is oversight, not refusal.

WHAT TO INCLUDE IN EVERY REMINDER

The invoice number The amount The original due date How to pay

Attach the invoice again.

TONE

Businesslike. Not apologetic, not aggressive.

You are asking for money you are owed.

WHAT TO TRACK

Which invoices are outstanding, and how long.

Review weekly.

WHEN TO ESCALATE

According to your process, not your mood.

WHAT TO AVOID

Chasing once and giving up Waiting months before the first reminder


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