Upload the export
Xero, QuickBooks, FreshBooks, Sage or a plain CSV. Ambiguous dates, currencies and balances are stopped, not guessed.
From an overdue-invoice export to the exact figure.
This is the real product on example data: two customers, three overdue invoices, no editing. Watch it import the export, confirm the facts that make the Act apply, work out the statutory interest and fixed sums, and open the reminder letter, then read that letter below.
Silent, about a minute. Captions on screen.Brightwater Design Ltd and its customers are invented. Every figure comes from the statute.
Confirm the facts
Who the customer is, that it was a UK business-to-business sale, whether the due date was agreed, and what the contract says about late payment.
Read the schedule and the letter
Interest at the fixed statutory rate, the fixed sum per invoice, and a reminder letter you send yourself.
The letter the video produced
Opens as a print-ready page. Every figure in it was calculated by the app from the example invoices, with the rate and the fixed sums stated.
Open the sample letter- Interest at 8 points over the Bank of England base rate, fixed for the life of each debt
- The fixed sum of £40, £70 or £100 per invoice
- A schedule per invoice with days late, rate and amounts
- The statutory basis stated in plain words