late invoice payment

How Billing Software Help To Deal With Late Invoice Payments

Every year, many businesses have to deal with a common problem, i.e. late invoice payment. It is observed that over 60 percent of all the invoices raised by a business are paid late. Moreover, the statistics suggest that on average business invoices are paid six days late and more than one-fifth of the invoices are paid late by more than 2 weeks.

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