Paidline · Free tools
What are late invoices costing you?
Late payments cost twice: the cash you're floating while you wait, and the hours you spend asking for it. Put in your numbers.
Cash sitting in late invoices on an average day$3,523
What borrowing to cover that costs a year$775
Hours a year spent chasing (72 late invoices)36 h
What those hours are worth$2,700
Late invoices cost you about$3,475 a year
How it works it out
- Cash in late invoices: invoices a month × share paid late × average invoice × (days late ÷ 30.4).
- Borrowing cost: that amount × what borrowing costs you a year. If you don't borrow, set it to 0.
- Time: late invoices a year × minutes per invoice, valued at your hourly rate.
Take the chasing off your plate
Paidline sends polite reminders on your schedule until each invoice is paid, so the hours line goes close to zero. Free while it's in early access.