Flow insights: Suppliers vs Customers payment days

What does this post look like?

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Compare your customer and supplier payment days at a glance

 

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Why do we track this?

Payment days are really important to understand.

This post helps you understand the difference between collection of invoices and payment of bills in seconds.

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What to do with this information?

In a perfect world you would be collecting payment quicker than you are making payment, this isn't always possible.

So use the other parts of Flow to identify wins where you can either speed up collection or delay payment of bills.

 

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Summary

Ideally you will collect fast and pay slow, but sometimes this isn't possible.

By tracking and comparing these metrics you can be prepared in case of any problems caused by customers or suppliers.

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