Case Studies

Extra Pair of Hands Raises the Bottom Line at Social Intelligence

As the office admin at Social Intelligence, a bustling data analytics company, Alexis Leitner had a lot on her plate. In addition to her day-to-day tasks, she was processing more and more new invoices and payments. She just didn’t have…

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FG Philosophy & News, Money

Accounts Receivable Management: 13 Tips and Tricks to Get You Paid

Ever wish you could just snap your fingers and start getting your late paying customers paying on time? Dream of your delinquent accounts miraculously mailing you in a check? Sadly there is no (yet) discovered magic that can help make…

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Money

Delinquent Accounts: The 3 Simplest Ways to Get Them Paid Fast

Nobody likes those words: delinquent accounts. Just hearing the phrase makes most business owners cringe. Delinquent accounts are synonymous with many things: a lack of cash, strained customer relations, losing sleep, unknown pay days, etc. etc. Delinquent accounts are something NO…

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Money, Receivables Management

How to Word Your Past Due Letter

Late payments are a common occurrence for small businesses, but through consistent Receivables Management, you can whip all your customers into reliable, on-time payers. Besides being organized, how you word your past due letter is the most important step towards…

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Case Studies

Cultural Media Inc. Fine-Tunes Their Accounts Receivable Process

In 2017, Chicago-based Cultural Media Inc. launched as a publishing house catering to museum institutions. While working with leading establishments including the Art Institute of Chicago; the Museum of Fine Arts, Boston; the High Museum of Art, Atlanta; and the Huntington…

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Money, Receivables Management

101 Ways to Optimize Your Receivables Management

Think about this: 43% of small businesses have customers who are more than 90 days past due on payments. In fact, 1 in 4 have serious trouble collecting payments from their customers. Late paying customers are a true epidemic and…

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FG Philosophy & News, Got Invoices?, Money

Send a Reminder Before an Invoice Becomes Past Due

Late payment calls or emails can be awkward, and they can distract from the more important aspects of your business. Avoid chasing down your clients for payments by sending a friendly reminder before the payment is even due. A Friendly…

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Case Studies

Rip Van Wafel Strikes Starbucks Distribution Deal with Help of Funding Gates’ AR Manager

When Dutch-born Rip Pruisken found his products being distributed throughout the 7,500 Starbucks stores in the United States and Canada, managing receivables became a top priority for them. Funding Gates’ receivables management tool has helped carry their enterprise to the…

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Case Studies

How Cano Electric, Inc. Cut Their Accounts Receivable Management Time By 75%

Cano Electric, Inc. is a full-service electric company located in Fort Worth, TX. It has been servicing about 500 customers from multi-family businesses, commercial properties and non-profit organizations for over 5 years. Recently, they found a way to reduce the…

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Money

Collection Call Script: Prepare Yourself to Get Paid

Immediately access the collection call script. When you have a customer who hasn’t paid you and you want your money (who doesn’t?), one of the most effective things you can do is get on the phone and call them.  Although…

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