Automatic dunning run
Chasing overdue invoices costs time and energy. The automatic dunning run lets teamspace handle your dunning workflow for you.
Automated dunning
teamspace keeps an eye on all outgoing invoices and tracks when they are due or overdue. The dunning run automatically turns overdue invoices into payment reminders and dunning notices — and sends them, on demand. Set the cadence in the system (e.g. start of each week).
You can pause the dunning run for individual invoices or disable it entirely; extra grace days after the due date are configurable. Per invoice you choose whether to merely raise the stage or to send the document directly. Stages:
- Payment reminder
- Dunning 1
- Dunning 2
- Collection
The “Dunning run” tile keeps you informed about which dunning notices have been created and sent. You can still change a stage manually — also in bulk via multi-select in invoice management.
Late-payment interest can be defined directly in the dunning workflow and applied automatically — see late-payment interest.
Read on
Reviewed in a requirements check
You have questions on this topic? In a 15- to 30-minute meeting we discuss your specific requirements, free of charge and without obligation.
Software that fits your setup?
In a 15-minute meeting we look at your requirements together and give an honest first opinion.