Late payments are a common problem for businesses. You've finished your work, but now you're waiting for payment, unsure if chasing it or adding late fees will damage client relationships. It's a tough balancing act: you need prompt payment to run your business, but you also want to keep good client relationships.
Businesses frequently face financial instability due to late payments and often lack knowledge on how to legally apply late fees while maintaining client satisfaction. This guide outlines the regulations and optimal strategies for implementing late payment fees. It details how to compute and clarify these fees, and how to establish an effective system to promote timely payments.
Should you charge late payment fees on overdue invoices?
You should charge late fees for overdue invoices, provided you have a clear policy and have clearly stated any late fee terms in your initial contract or agreement with clients. This ensures transparency and sets professional expectations from the outset.
Late fees serve several purposes: they are a financial necessity for businesses, helping to maintain stable cash flow and cover administrative costs associated with overdue payments. They also establish professional boundaries and incentivize timely payment, which is a standard expectation in many industries where payment terms like Net 15 or Net 30 days are widely considered reasonable.
However, it's important to consider the potential drawbacks. Aggressively enforcing late fees on every customer might impact client relationships and affect how your business is perceived.
In some cases, the administrative hassle of pursuing small late fees may not be worth the effort, and a flexible approach might be more beneficial for long-term client retention.
How much are you allowed to charge as late fees on invoices?
There isn't one single amount that works for every business, but there are two standard, professional methods for calculating late fees:
A percentage of the overdue amount: This is the most common method. Businesses typically charge 1% to 2% interest per month on the outstanding balance. This scales the penalty to the size of the invoice, which is generally seen as fair.
A flat fee: This involves charging a fixed amount, such as $25 or $50, for any late payment. This works well for smaller, standardized invoices where the administrative cost of chasing the payment is the same regardless of the invoice amount.
It's important to note, however, that different countries have different specific statutory rates at which late payment charges can be levied. These rates are covered in detail later in this article.
Some key considerations
Legality is crucial: The most important factor is what's legally permissible. Many states and countries have laws that cap the maximum interest rate you can charge. You must check your local laws to ensure your late fee policy is enforceable and legal.
Clarity in contracts: The right to charge a late fee and the specific amount or percentage must be clearly stated in your initial contract, service agreement, or on the invoice itself. You can't surprise a client with a fee they never agreed to.
Strategic application: You don't always have to charge the fee. For a long-standing client with an excellent payment history who might be experiencing a temporary issue, waiving the fee might preserve a valuable relationship. However, consistently enforcing fees for repeat offenders or new clients helps maintain business discipline and sets expectations.
Maximum late fee you can charge differs from region to region
Legal considerations for late fees vary significantly by country and even by state or province. This is one of the most important aspects to get right.
Disclaimer: This information is for informational purposes only and does not constitute legal advice. You must consult with a legal professional in your specific jurisdiction to ensure your policies are compliant.
In the United Kingdom (UK)
The UK has specific legislation that is very favorable to suppliers.
The law: The Late Payment of Commercial Debts (Interest) Act 1998.
Interest rate: You can charge "statutory interest," which is 8% plus the Bank of England base rate. This is a significant amount designed to deter late payments.
Compensation: You can also charge a fixed compensation fee for the cost of recovering the debt. The amount depends on the size of the invoice:
- Up to £999.99: £40
- £1,000 to £9,999.99: £70
- £10,000 or more: £100
Requirement: These rights apply automatically to B2B transactions even if they aren't in your contract (though it's always best practice to include them).
In the United States (US)
The US is more complex because laws are set at the state level.
State "Usury Laws": There is no single federal law for B2B late fees. Each state has its own laws (often called "usury laws") that cap the maximum interest rate you can charge.
Varying limits: Some states have no maximum limit for B2B transactions, while others have strict caps. For example, some states limit rates to around 10% annually, while others are more flexible.
"Reasonableness" is key: In states without a specific cap, the fee must be "reasonable" and represent a genuine estimate of the costs incurred due to the late payment. A common, safe rate is 1.5% per month (18% annually), but this must be checked against state law.
Requirement: The late fee policy must be explicitly stated in your signed contract or terms of service to be enforceable.
In the European Union (EU)
The EU sets a baseline for all member countries to follow, aimed at protecting businesses.
The law: The Late Payment Directive (2011/7/EU).
Interest rate: Creditors are automatically entitled to charge interest at a rate of at least 8% plus the European Central Bank's reference rate.
Compensation: You are also entitled to a minimum fixed compensation of €40 to cover recovery costs. You can claim more if you can prove higher costs.
Payment terms: The directive sets maximum payment periods. For B2B transactions, the payment period cannot exceed 60 days unless expressly agreed otherwise and provided it is not "grossly unfair" to the creditor.
In Australia
Australia's laws focus on fairness and ensuring the fee is not a "penalty."
The law: There isn't a single "late fee act," but the rules are governed by contract law and the Australian Consumer Law (ACL).
"Genuine Pre-Estimate of Loss": A late fee must be a "genuine pre-estimate of the loss" your business suffered due to the delay. It cannot be excessive or punitive. If it is, a court can rule it an unenforceable "penalty."
Reasonable rates: A common practice is to charge interest at a rate similar to bank overdrafts or to set a modest flat fee that covers administrative costs. Rates around 10% per year are generally considered acceptable.
Requirement: The policy must be clearly written into your terms and conditions or contract before the transaction.
In Canada
Canada's approach is a mix of federal and provincial/territorial laws.
The Federal "Criminal Rate" of Interest: This is the most important rule to know.
The law: Section 347 of the Criminal Code of Canada makes it a criminal offense to charge interest at a rate exceeding 60% per year.
Implication: Any late fee, when calculated as an annual interest rate, must fall below this 60% threshold. This is a hard cap that applies across the entire country for all types of agreements. While you would likely never charge a rate this high, it's the absolute legal maximum.
The contract is king: This is the most critical practical requirement.
No automatic right: Unlike in the UK or EU, there is no general law in Canada that automatically gives you the right to charge interest on late payments if it wasn't agreed upon beforehand.
Requirement: To legally enforce a late fee or interest, it must be clearly stated in your signed contract, terms of service, or another agreement that the client accepted before you provided the goods or services. Simply adding it to an invoice after the fact is generally not enforceable if the client never agreed to it.
Provincial and territorial laws: While the 60% cap is federal, specific rules can vary by province or territory.
Prompt payment legislation: Several provinces have enacted "Prompt Payment" legislation, particularly for the construction industry. For example, Ontario's Construction Act sets out specific timelines for payments and dispute resolution to prevent delays.
Varying rules: It's always crucial to check for any specific consumer protection or business practice laws within your province that might affect how you charge late fees.
Best practice in Canada: Given the legal landscape, the standard and safest approach for Canadian businesses is to:
Charge a reasonable rate: A common and defensible rate is 1.5% to 2% per month (which equals 18% to 24% per year), keeping you safely under the 60% criminal rate.
Put it in writing: Clearly outline your late payment policy, including the interest rate, in all your client contracts and agreements from the very beginning.
"If payment is not received within [X] days of the due date, a late fee of [amount or percentage]% of the outstanding balance will be applied. An additional [amount or percentage]% may be charged for each [week/month] the payment remains overdue. The client is responsible for all reasonable costs of collection, including legal fees, if applicable."
How to calculate late fees on invoices
Calculating late fees is straightforward once you've decided on your method (percentage or flat fee) and your terms. Here's how to do it:
Flat fee method
If you charge a flat fee, the calculation is simple. You just add the predetermined flat fee amount to the original overdue invoice amount.
Example:
- Invoice amount: £500
- Flat late fee: £50
- Total amount due: £500 + £50 = £550
Percentage method
For the percentage method, you'll calculate a percentage of the overdue amount. This is typically an annual percentage rate that is then broken down by the period the payment is late (e.g., monthly).
Formula:Late Fee = (Amount due on invoice) x (Late fee rate)
Example:Let's say you charge 1.5% interest per month on overdue invoices.
- Invoice amount: £1,000
- Late fee rate: 1.5% per month
- Late fee for one month overdue: £1,000 x 0.015 = £15
- Total amount due after one month: £1,000 + £15 = £1,015
If the payment remains unpaid for another month, the late fee for that month would be another £15 (assuming simple interest on the original principal). Some businesses charge compound interest, where the interest accrues on the new, higher balance, but simple interest is generally easier to calculate and explain.
How to add a late fee to an invoice (and how to communicate that to client)
When an invoice becomes overdue and you decide to apply a late fee, it's crucial to present this clearly and professionally on the updated invoice.
How to add a late fee as a line item on your invoice
Adding a late fee as a distinct line item on your invoice ensures transparency and makes it easy for your client to understand the updated amount due.
Issue a revised invoice: Do not simply send a notification; issue a new, updated invoice that replaces the original. This prevents confusion and ensures both parties have the most current financial document.
Clearly label the late fee: On the revised invoice, add a new line item under the original services or products. Label it explicitly as "Late Payment Fee," "Overdue Interest," or "Late Fee Charge."
State the calculation basis: Next to the late fee amount, include a brief explanation of how it was calculated (e.g., "1.5% interest on overdue balance," or "Flat fee for late payment as per terms").
Reference the original invoice: Include the original invoice number to maintain a clear trail.
Update the total amount due: Ensure the "Total Amount Due" reflects the original amount plus the newly added late fee.
Example of an invoice line item:
DescriptionQuantityRateAmount (£)Project Management Services11,000.001,000.00Late Payment Fee (1.5% on overdue balance)115.0015.00Total Amount Due1,015.00
How to word the late fee notice on your invoice
The language you use on your invoice for the late fee should be firm but professional, clearly stating the charge without being accusatory.
For the invoice itself:
Simple & direct: "A late payment fee of [Amount/Percentage] has been applied to your outstanding balance as per our agreed terms and conditions."
Referencing terms: "Please note an overdue charge of [Amount/Percentage] has been added to your invoice as per our payment terms outlined in the contract dated [Date of Contract]."
Detailed: "As your payment was not received by the due date of [Original Due Date], a late fee of [Amount/Percentage] has been applied in accordance with our billing policy (see [Link to Terms/Section in Contract]). The new total outstanding is [New Total Amount]."
Communication via email
Accompanying the revised invoice with a polite but firm email is essential. This provides context and reiterates the next steps.
To: Person Person Person
Cc: Person
Bc: Person
Subject: Important: Updated Invoice for Overdue Payment - Invoice #[Original Invoice Number]
Dear [Client Name],
This email is regarding Invoice #[Original Invoice Number], which was due on [Original Due Date]. Our records indicate that this payment is still outstanding.
As per our agreed payment terms and conditions, a late payment fee of [Amount/Percentage] has been applied to the overdue balance.
Please find the updated invoice, #[New Invoice Number, if applicable, otherwise use Original Invoice Number], attached for your review. The revised total amount due is [New Total Amount].
We kindly request your immediate attention to this matter to avoid any further charges.
If you believe there has been a mistake or require assistance, please contact us at your earliest convenience.
Thank you for your prompt action.
Sincerely,
[Your Name/Business Name]
[Your Contact Information]
How to implement late fees on invoices in your receivables process
Implementing a late payment fee in your receivables process requires careful planning and clear communication to be effective and legally sound.
Establish a clear written contract or agreement
The most crucial step is to have explicitly stated terms in a signed contract or terms of service before any work begins. Without a pre-existing agreement, you generally cannot charge a late penalty in many regions or states.
Initial agreement for first-time clients: It is essential to get a contract signed with all first-time clients, outlining your payment terms and late fee policy.
Recurring clients/projects: A common strategy is to have a comprehensive contract laying out all your normal terms, conditions, payment schedules, and late fees that apply to all future projects. This contract should be signed the first time a client hires you. When quoting a new project, you can simply include a line stating that the terms of the original contract will apply.
Update terms: Always update your terms and conditions when you change your payment terms or implement new late fees, especially for existing clients. Ensure clients acknowledge and agree to these updates.
Clearly define the late fee in the contract
Your contract should detail the specifics of your late payment policy:
Payment terms: Clearly state when the payment is due (e.g., "Net 30 days from invoice date" or "to be paid within 14 days").
Fee structure:
- Percentage-based fees: Specify the percentage rate (e.g., "1.5% interest per month").
- Suggested percentages: You may provide examples of how this translates to a specific amount.
- When the fee kicks in: Clearly state when the late fee will be applied (e.g., "after 7 days overdue").
Collection costs: Include a clause stating that the client is liable for any costs of enforcement of the contract, such as debt collection agency fees or legal expenses incurred to recover the debt.
Communicate the policy effectively
Transparency is key to managing client relationships and ensuring compliance.
Early discussion: Discuss your payment terms, including late fees, during the initial client onboarding or proposal phase.
Invoice inclusion: Ensure your invoices clearly state the payment due date and reference the late fee policy outlined in your terms and conditions.
Warnings and grace periods: Consider sending polite reminders before an invoice becomes overdue and offering a short grace period before applying fees.
Implement strategies for encouraging timely payment
Beyond just charging fees, several proactive strategies can help encourage prompt payment:
Upfront deposits and milestone payments: For larger projects, consider requesting an upfront deposit and structuring payments based on project milestones to reduce your financial risk.
Withholding delivery/services: This can be a powerful incentive, depending on your business type, but should be used judiciously due to its extreme nature.
- Final product: If you deliver a final product (e.g., a website, creative assets), you can withhold its release until final payment is received.
- Ongoing services: For ongoing services (e.g., retainer agreements, subscriptions), you might temporarily suspend services for severely overdue accounts.
- Legal caution: Always check your contract and local laws before implementing such measures to ensure legality and avoid breach of contract claims against your business.
Early payment discounts: Offering a small discount (e.g., 1-2%) for payments received before the due date can incentivize prompt payment. Factor these potential discounts into your pricing structure.
Debt collection and legal action:
- If a client doesn't dispute the debt but simply isn't paying, engaging a debt collector or issuing a statutory demand (in jurisdictions where applicable, like the first step towards company liquidation in NZ) might be appropriate.
- For undisputed debts from companies, a statutory demand can be a powerful "wake-up moment" for the debtor.
- Small claims courts (or Disputes Tribunals in NZ) generally handle failure to pay for services, but may not be the most efficient route for simple debt collection if there is no dispute over the debt itself.
- Consider contacting a lawyer for advice on complex collection issues, as well as to draft ironclad contracts that are legally enforceable. Debt collectors may take a flat rate or a percentage of the debt recovered.
Persistent communication: Don't underestimate the power of regular and persistent communication. Phone calls, in particular, are often used by credit controllers because they are "very powerful and hard to ignore," often leading to faster resolution than emails alone.
Be aware of legal restrictions and best practices
Avoid "excessive penalties": Fees that are deemed "excessive penalties" may be unenforceable due to unfair terms laws. The amount charged should always be reasonable and represent a genuine pre-estimate of the loss incurred due to the late payment, rather than being punitive.
"Burning a bridge": While enforcing late fees might burn a bridge with a client, it often prompts payment or weekly installments as it can affect their credit rating. Weigh the value of the client relationship against the financial impact of consistent late payments.
What to do when late payment fees don't work
Deciding whether to waive a late fee is a smart move in business. It's not just about losing a little money; it's about building good relationships, keeping clients loyal, and showing you understand their worth.
When done right, it turns a potential problem into a chance to make your professional bond stronger.
Thinking carefully about when to waive fees can really help build relationships. Here are some situations:
Valuable, long-term clients: If a client pays on time most of the time and brings in a lot of money, a single late fee might be a rare mistake. Waiving it shows you value their overall business, which makes them feel more like a partner.
Tough times for everyone: During a bad economy or unexpected problems in your industry, offering to waive a fee shows you care and support them. It makes your business seem like a partner, not just someone they buy from.
A "thank you" for referrals or new business: To show appreciation for a valuable referral or a big new project, waiving a late fee is a real way to say thanks and encourage more work together.
When you made a mistake: If the late fee happened because of your error (like a late invoice or wrong billing), waiving it is only fair and keeps trust and professionalism.
Think of these waivers not as money lost, but as an investment in the long-term health and profit of your client relationships. It's about knowing when a client truly needs a break versus when someone might be trying to take advantage.
What to do when a client argues about a fee
Even if you try your best, clients will sometimes argue about a late fee. This needs a calm, thoughtful, and professional approach. Your goal is to calm things down, understand their side, and find a fair solution that keeps the relationship strong.
Listen carefully and with understanding: Before offering solutions, let the client fully explain their concerns. Listen for hidden issues, frustration, or misunderstandings. Acknowledge their feelings, even if you don't agree with their view of the fee.
Check their account history: Before talking, quickly look at the client's payment history, any past agreements, and the details of the invoice. This will give you all the background you need.
Explain the rules clearly: Gently and clearly remind the client of your usual payment terms and when late fees apply. Do this using facts, without blaming or getting defensive.
Try to find the main reason: Ask open-ended questions to figure out why the payment was late or why they think the fee is unfair. Was there a technical problem on their end? Did they misunderstand the invoice? Are they having temporary money troubles?
Think about if they're a "good client": Look back at the reasons to waive a fee. Does this client fit the criteria for leniency? Have they been a valuable partner? Is this a one-time thing?
Offer choices (if it makes sense): Depending on the situation, you might consider:
- Waiving part of the fee: For example, waiving 50% of the fee.
- A payment plan: If the late fee is large or part of a bigger unpaid amount.
- A future credit: Applying the waived amount as a credit for a future service.
- Teaching them: If the problem is a repeated misunderstanding of terms, gently explain your processes again.
A calm, professional way to handle objections
Having a ready script or plan can help you handle these talks confidently and calmly. It's not about sticking strictly to it, but having a mental map for the discussion.
"Thanks for reaching out, [Client Name]. I understand you're calling about the late fee on your recent bill. I've looked up your account, and I'm happy to talk about it with you.
Could you tell me more about your concerns about this fee? I want to make sure I completely understand your side."
(Let them talk fully. Listen without cutting them off. Take notes if needed.)
"I appreciate you sharing that. Based on our usual payment terms, which are [briefly state terms, e.g., '30 days to pay'], a late fee of [amount/percentage] is added to bills that are overdue. This helps us get paid on time and manage our business well.
However, I know that unexpected things can happen, and we truly value your business and our long relationship. Given [mention something positive about their client relationship, e.g., 'your consistent business over the past X years,' or 'the important projects we've worked on together'], I'm willing to [state your suggested solution, e.g., 'waive this late fee as a one-time favor,' or 'reduce the late fee by 50% for this instance'].
My goal is to keep giving you the best service, and I want to make sure we're on the same page about payment expectations going forward. Does this seem like a fair solution to you?"
(Be ready to adjust based on their answer. If they ask for more, refer back to your policy and the "one-time favor" idea. If they accept, thank them and confirm the next steps.)
"Great. I'll change your invoice right away, and you should see that updated in your account within [timeframe]. Please let us know if you have any more questions."
This script can be changed. The main parts are listening carefully, clearly explaining your rules, showing you value the client, and offering a professional solution. By being smart about when to waive fees and handling complaints well, businesses can turn possibly bad interactions into chances to make client relationships stronger and succeed in the long run.
How Equisettle can help you get paid on time and avoid late payments
Equisettle helps businesses get paid on time and avoid late payments by offering a comprehensive debt recovery and legal automation platform that simplifies, automates, and streamlines the entire process from invoice management to legal action.
This comprehensive solution aims to reduce late payments, improve cash flow, create visibility within teams, and save hours each week on manual follow-ups while providing seamless legal escalation when needed.
Here's how Equisettle assists businesses in achieving timely payments:
Automation and efficiency
Equisettle automates the process of chasing and collecting late payments, reducing the time businesses spend manually monitoring debtors and following up.
This can save over 15 hours each week on manual receivables processes, and even 60+ hours a month. It helps optimize accounts receivable processes to put an end to late and inconsistent customer payments. The goal is to limit the work your A/R team is doing.
Proactive and multi-method chasing
Equisettle offers a variety of methods for sending payment reminders and chasing outstanding invoices, including:
- Email payment reminders using customizable templates and an AI email generator. The emails are branded and personalized, yet feel human. Equisettle also enables instant reminders.
- SMS payment reminders
- Paper letters
- Auto-calls, in-app phone calls
- Automatic voicemails are also a feature.
Businesses can specify recommended chasing times and days, with the ability to avoid chasing on weekends and public holidays, preventing clear signs of automation that might deter customers.
Equisettle allows for customizable outreach through automation, moving beyond a "one size fits all" approach. It also supports segregation of customers into groups, so not all debtors follow the same chase schedule.
Legal documentation and PDF automation
One of Equisettle's key differentiators is its comprehensive legal document management system:
- Auto-filling legal PDFs: The platform automatically populates legal documents with case-specific information, eliminating manual data entry and reducing errors in legal paperwork.
- Default legal document templates: Equisettle provides a comprehensive library of legally compliant document templates for various jurisdictions, ensuring businesses have access to proper legal forms without needing extensive legal knowledge.
- Complete case information management: All relevant case details, payment history, and communication records are automatically compiled to provide lawyers with complete information packages.
- Statutory demand automation: Generate legally compliant statutory demands with automatic case data population, streamlining the formal legal process.
Seamless lawyer handover process
Equisettle revolutionizes the transition from internal collection to legal action:
- One-click lawyer referral: When internal collection efforts are exhausted, cases can be seamlessly transferred to partnered legal professionals with all documentation automatically prepared.
- Complete case file preparation: Lawyers receive fully prepared case files with all relevant documentation, communication history, and legal forms already completed.
- Integrated legal network: Access to a vetted network of debt recovery lawyers and legal professionals across different jurisdictions.
- Automated legal fee tracking: Monitor legal costs and recovery progress through the same dashboard used for internal collection efforts.
Credit management and risk mitigation
Equisettle helps businesses conduct credit checks on future and current customers. It offers credit monitoring and a payer rating system.
The platform includes a Late Payment Predictor. Businesses can enforce payment terms automatically by setting late payment fees and offering early payment discounts. This can help increase financial certainty.
Invoice automation and streamlined payment collection
Equisettle's invoice automation capabilities transform how businesses manage their billing processes, particularly beneficial for service-based companies with recurring billing needs.
Automated invoice generation and management:
- Recurring invoice automation: Set up automated billing cycles for regular services, perfect for businesses like cleaning companies, maintenance services, and subscription-based models
- Smart invoice scheduling: Automatically generate and send invoices based on predefined schedules, service completion, or milestone achievements
- Dynamic pricing integration: Automatically adjust pricing based on service variations, seasonal rates, or contract terms
Real-world success: DS Cleaners case studyDS Cleaners, a commercial cleaning service, transformed their billing process using Equisettle's invoice automation:
- Before: Manual invoice creation for 150+ recurring clients, taking 8+ hours weekly
- After: Automated weekly, bi-weekly, and monthly billing cycles with zero manual intervention
- Results: 95% reduction in billing time, 40% improvement in payment turnaround, and elimination of missed invoices
The automation handled their complex billing scenarios including:
- Different service frequencies (daily, weekly, monthly)
- Variable pricing for additional services
- Automatic invoice adjustments for holiday schedules
- Integration with their existing service scheduling system
Payment collection optimization:Equisettle provides a Payment Portal and integrated payment solutions to facilitate efficient collection of outstanding payments. This allows customers to click into statements/invoices and make payments directly. The platform supports flexible payment plans for customers and automatic payment reminders tied to invoice due dates.
Enhanced visibility and management
Equisettle enables businesses to monitor and track their receivables, debtors, and chases with ease, providing full visibility. It offers an audit trail of communication to and from customers, ensuring nothing is missed. The platform functions as both a financial CRM and legal case management system.
Tools like dispute management, invoice/customer history, legal document tracking, and the ability to toggle chasing at both customer and invoice levels contribute to comprehensive management. It helps track key metrics such as DSO (Days Sales Outstanding), ROI, time saved, response rate, legal escalation rates, and aged debt brackets to measure success.
Seamless integration and support
Equisettle seamlessly integrates with chosen accounting systems like Xero, QuickBooks, Sage, AccountsIQ, Dynamics 365 Business Central, SAP, and more.
This two-way API integration means less manual data entry, fewer errors, and more time saved, as data can be pulled to and from your accounting system with ease, and payments automatically reconciled against invoices.
It helps overcome pain points like human error from manual approaches, lack of visibility in communication, and the complexity of legal escalation, which often lead to inconsistent chasing and ineffective legal action. Customers have reported significant reductions in DSO, with one business decreasing it by 60% (from 60 to approximately 24 days), and another experiencing a 75% reduction in DSO leading to cash collection 54+ days sooner.
This translates to faster payments without harming customer relationships, improved cash flow, and seamless legal escalation when needed.
Wrapping it all up
By carefully implementing late payment fees, businesses can cultivate a robust cash flow and foster stronger client relationships.
This guide has provided a comprehensive framework, covering legal considerations across diverse regions, practical calculation methodologies, effective communication strategies, and actionable steps to integrate late fees seamlessly into your receivables workflow.
Ready to automate your accounts receivable and proactively manage late payments? Discover how Equisettle's automated solutions can improve your payment collection process and help you reclaim valuable time. Book a demo today.
