Your customers agreed to Net 30. We make sure they pay on it.
Paid On Terms follows up on overdue invoices in your company's name, with reminders, statements and phone calls, so past-due accounts get paid before they ever reach a collection agency or a lawyer.
Flat monthly fee. No percentage of what you recover. Your customers pay you directly.
| Invoice | Terms | Status | Amount |
|---|---|---|---|
| INV-10482 | Net 30 | Paid · day 34 | $18,240.00 |
| INV-10467 | Net 30 | Paid · day 41 | $6,915.50 |
| INV-10431 | Net 45 | 52 days · calling | $27,600.00 |
| INV-10398 | Net 30 | Paid · day 63 | $11,380.00 |
| INV-10377 | Net 60 | 78 days · final notice | $9,050.00 |
Illustration only. Not client data.
When following up is nobody's job, past-due turns into write-off.
Your team is busy running jobs and shipping orders. Chasing a customer who is 45 days late keeps getting pushed to tomorrow. By the time anyone acts, the options are all expensive.
Gives up a big cut
Agencies commonly keep 25 to 50 percent of what they recover, and your customer now hears from a collector instead of from you.
Costs months and fees
Filing suit means legal bills, court dates and a long wait, often for an invoice that one firm phone call at day 40 would have closed.
Strains the relationship
The owner or sales rep ends up making awkward calls to the same buyers they need for next quarter's orders.
A set schedule for every past-due invoice.
Send us your aging report each week, exported from QuickBooks, Sage, NetSuite or a spreadsheet. We work every open invoice on the same timeline, in your company's name.
Friendly reminders
Statement copies and polite reminders by email, timed to your customer's payables cycle.
Phone follow-up
A trained rep calls your customer's accounts payable contact, confirms the invoice is approved, and gets a pay date.
Final notice
Firm, professional final notices and a payment-plan option if the customer needs one. You approve every message.
Clean handoff
Anything still unpaid goes to your agency or attorney, or to a licensed partner we refer, with the full contact history attached.
Your customers keep hearing from you.
We work as part of your back office. Your customers see your company name and deal with people who treat them like accounts you want to keep.
- In your company's nameEmails and calls come from your business, using templates you approve.
- Customers pay you directlyPayments go to your bank, your lockbox or your payment link. We never handle the money.
- Business-to-business onlyWe follow up on commercial invoices between businesses. We don't take consumer accounts.
- A weekly reportEvery invoice touched, every promise-to-pay date, and what came in that week.
Companies that sell on terms to other companies.
If you ship first and invoice on Net 30, 45 or 60, and your past-due list keeps growing, this is built for you.
One flat monthly fee.
You pay the same amount whether we bring in $20,000 or $200,000 that month. No contingency, no cut of your money.
- Reminders, statements and phone follow-up
- Templates written for you and approved by you
- Weekly aging and activity report
- Handoff package for accounts past 90 days
An agency taking a 30 percent cut on $50,000 in recoveries keeps $15,000. With Paid On Terms you pay a fixed fee and every dollar goes straight to your account.
Month to month. Cancel with 30 days' notice.
Common questions
Are you a collection agency?
No. We handle early follow-up on your invoices, in your company's name, while the accounts are still yours. Customers pay you directly. Accounts that are still unpaid past 90 days go to your agency or attorney, or to a licensed collection partner if you want a referral.
Will this upset my customers?
Our job is to get you paid and keep the customer buying from you. The tone is professional and polite, the messages are ones you approve, and most late invoices are just stuck in someone's approval queue. A clear, timely follow-up usually moves them.
What do you need from me to start?
An aging report, contact details for each customer's accounts payable team, copies of the invoices, and your payment instructions. Setup takes about a week.
Do I have to change software?
No. We work from the reports your system already produces, whether that's QuickBooks, Sage, NetSuite, Xero or a spreadsheet.
Is there a long-term contract?
No. Service is month to month, and you can cancel with 30 days' notice.
Send us your past-due list. We'll show you the plan.
A 15-minute call. We'll look at your aging report together and tell you what we'd do with each account and what it would cost.