Stop Chasing Payments: The Easy Way to Track Debtors
A sale on credit isn't money in the bank. It's a promise. And promises don't pay the rent. Here's how to manage debtors professionally.
"I Will Pay You Tomorrow" is a Business Killer
We all love making a sale. But a sale on credit isn't money in the bank. It's a promise. And promises don't pay the rent.
Managing debtors is one of the hardest parts of doing business. You don't want to be rude, but you need your money. If you are relying on memory or a sticky note to track who owes you, you are losing revenue.
The "Nice" Way to Track Debt
ChopMoney takes the emotion out of asking for money. By logging every credit sale in the app, you have a professional record of the transaction.
Who owes you? See a clear list of names and amounts.
How long? See exactly when the debt was incurred.
Improve Your Cash Flow Immediately
When you can see your total "Accounts Receivable" (money people owe you) at a glance, you can make better decisions. Maybe you stop offering credit until the old debts are paid. Maybe you send a friendly reminder message based on the data in your app.
Create Invoices That Get Paid
Sometimes, people don't pay because they "forgot" the details. With ChopMoney, you can generate a clear invoice for the debt. Sending a formal document often prompts customers to pay faster than a casual text message.
Get Your Money Back
Your kindness shouldn't bankrupt your business. Download ChopMoney to professionalize your credit sales and keep your cash flow positive.