Flow insights: Average payment days for last 3 and last 10 invoices

What does this post look like?

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This post shows the average payment days for the last 3 and the last ten invoices to be paid.

 

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Why do we track this?

This post helps to see if you are collecting invoices quicker or slower compared to the previous bunch of invoices.

 

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What to do with this information?

Ideally you will be speeding up collections, but this post can act as a warning if things are taking longer and longer.

Cross reference this information with your customer records to see which clients you might need to chase up or change your payment terms for.

 

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Summary

Keep your eye on this post to help you know if your are getting paid quicker than you were previously, or if things are slowing down.

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