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Improve your business processes and back-office administration.
How to follow up invoices and minimize credit losses
Avoiding a small loss of 10 unpaid hours can save as much as the profit from 100 sold hours. Collecting unpaid invoices is crucial for consultancies to remain profitable.
How to set credit limits and payment terms
Is your company selling professional services? You will at some point of time come across a client who won’t pay their invoices. Consider the four factors outlined below, and you will minimize your losses.