Strategies to ensure prompt payments
In light of the new changes to payments with the PACE system, it's more crucial than ever for businesses to have efficient and robust invoicing processes in place. This workshop will provide you with the tools and strategies to ensure prompt payments, maintain positive cash flow, and minimise the time spent chasing invoices. It will also include strategies to improve business processes by setting client expectations to prevent aged debt. We will also cover essential steps to take when payments aren’t received, including following up on outstanding accounts and engaging a debt collection service if necessary.
Objectives:
- Optimise Billing Processes: Learn how to tighten your billing processes to ensure timely payment for all completed work.
- Understand PACE System Changes: Gain insight into how the PACE system affects your billing and what you need to do to adapt.
- Efficient Invoice Management: Discover strategies to reduce time spent on chasing invoices and improve overall efficiency.
- Handle Unpaid Invoices: Step-by-step guidance on what to do when payments are not received, including follow-up procedures and engaging a debt collection service.Â
Workshop duration: 1 Hour Workshop
Cost: $75.00
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About the Presenters Â
Nikki Cousins has worked as a senior neurological and general physical Occupational Therapist across The Hunter Valley, Central Coast and Sydney.
In 2016 she started her own private practice, Action OT, where she continues to work as Director and senior OT. Action OT is a boutique practice specialising in occupational therapy for adults and adolescents transitioning to adult services. She has a keen interest in stroke, evidence based practice, cognitive/perceptual disorders and dementia.
Nikki is passionate about providing education opportunities to other therapists in a way that is easy to understand and apply to everyday practice.
Chris Cousins brings a wealth of knowledge and expertise to his role with an impressive 40 years of experience in the accounting field. For 13 years, he specialised in business and property finances, developing a keen eye for detail and a deep understanding of the financial intricacies within these sectors.
For over 25 years, Chris served as a financial accountant for the Australian operation of a prominent multinational company, where he honed his skills in managing complex financial systems and ensuring compliance with international standards.
Currently, Chris is leveraging his extensive experience as an accountant for Action OT, where he continues to provide exceptional financial oversight and strategic guidance.
In addition to his accounting expertise, Chris has a special interest in writing Microsoft Excel solutions, which streamline processes and enhance data analysis capabilities. His dedication to precision, combined with his ability to create innovative Excel solutions, makes him an invaluable asset to the service.
