Finance and accounting

Ideally, you should send an invoice before payment to establish clear expectations and professional standards, but certain situations or industry practices may dictate otherwise; it's essential to consider the nuances of your specific business context.

The answer lies in a tactful blend of clear communication, systematic tracking, and understanding legal boundaries. But, determining when to switch from a soft reminder to a firmer approach, or how to automate the follow-up process without losing a personal touch, requires a closer look.

The short answer is, it depends on jurisdictional requirements and the specific circumstances of the transaction, but generally, a signature is not mandatory for an invoice to be valid. Including a signature on an invoice can add a layer of seriousness and formality that might facilitate payment processes – but there are effective alternatives leveraging modern technology.

Debt collection is a vital process for ensuring your company's financial stability. This article will guide you through the steps of effective debt collection and show you how to use modern tools to communicate with debtors.

Investing involves a wide range of terms and tools that can be confusing for beginners. This investment glossary provides a concise overview of the most important terms every investor should know.