This single page template is a editable word document overdue invoice reminder letter template, or friendly payment remineder letter. Using this overdue payment reminder template is great to send a gentle reminder to anyone who owes you or your company money and is past their due date.
Overview of the overdue invoice reminder letter
This single page template is a editable word document overdue invoice reminder letter template, or friendly payment remineder letter. Using this overdue payment reminder template is great to send a gentle reminder to anyone who owes you or your company money and is past their due date.
Often cashflow can be tight in a small business, especially if you have clients who are notoriously slow payers! This account overdue payment reminder letter is a great start to showing your client that you are serious about them paying their debts on time, but doing so in a way that is not too aggressive.
This letter is great as an addition to an overall accounts receivable policy and is usually the first step in recouping overdue invoices, along with sending a statement of account.
Benefits of using an overdue invoice reminder letter
- Improved cashflow
- Setting boundaries for your clients
- Get structure in your accounts department
To get the best out of your accounts receivable process we recommend sending this friendly payment reminder letter at the 7 days or 14 days overdue point. Every business is different but if you leave overdue accounts too long they can become much harder to collect.
An overdue invoice reminder letter should be a staple in all small businesses. This friendly payment reminder letter can also be repurposed to create an overdue payment reminder email. Just copy and paste the body text into a new email to your client.
How to Use our Overdue Invoice Reminder Letter
The friendly payment reminder letter template is an editaable word document and is ready to download and edit immediately. You can also import it into the google suite to use as a google document.
Once purchased, wait a few moments while it creates your download, and you can then download when the ‘DOWNLOADS READY’ box appears. You will also receive an email with the downloads so you can access them later.
Customise the letter with your business name and logo. You can also change the theme template to update the colour profile to match your corporate colours.
Read through every section and customise to your business. If something is not relevant, simply delete it. And of course, you can add any additional paragraphs as you require. Make sure the overdue invoice reminder letter template reads how you would typically communicate with your clients.
