Overdue invoices can really make or break a small business, and be a huge drag on cash flow. According to a U.S. Bank study, the average small business has $84,000 in past due invoices, with 81% of them being more than 30 days past due. 82 percent of small businesses fail due to volatile cash flows. Many small and medium sized businesses send invoices via email, and many invoices get overdue simply because they end up in the junk mail or spam box. A late notice, sent via snail mail, is an effective way to notify your customers that they have overdue invoices.
Mailform's is is focused on solving this problem for small and medium sized businesses. Mailform with Quickbooks, Xero and Harvest helps small and medium sized businesses recover past due invoices, and get paid faster. Here's how it works:
- Log in (or create an account with Mailform: https://www.mailform.io/quickbooks.html))
- Authorize Quickbooks/Xero/Harvest. Mailform will automatically import your past due invoices and the addresses of those customers
- Choose which overdue invoices you'd like to send
- Select your print and mail options - you can choose to print single vs. double sided, black and white vs in color, and whether you want to send your invoices via USPS Certified Mail (so you can get tracking numbers)
- Hit "Confirm"
That's it! All unpaid or past due invoices are sent via USPS First Class Mail or Certified Mail. Small businesses have recovered millions in revenue from past due invoices. With Mailform, you can do it too.
Try it now at https://www.mailform.io, or email email@example.com if you have questions, comments or suggestions! To learn more about why many invoics go unpaid, check out: http://ww2.cfo.com/cash-flow/2013/07/why-firms-dont-pay-their-invoices/