Late Payment Cost Calculator
Calculate how much late payments are costing your business annually. See the hidden costs of cash flow delays, admin time, and bad debt risk.
Your Business Data
% of invoices paid after due date
Days beyond due date
Enter your data to see the true cost of late payments
How to Reduce Late Payment Costs
Enable Online Payments
Add a "Pay Now" button with PayFast, Yoco, or Ozow. Invoices with online payment options get paid 40% faster.
Automate Payment Reminders
Send automated reminders 3 days before and on the due date. This reduces late payments by 35%.
Offer Early Payment Discounts
A 2% discount for payment within 7 days can improve cash flow significantly.
Tighten Payment Terms
Move from Net 30 to Net 14 terms. Shorter terms reduce the average delay period.
Track and reduce late payments with Illumi
Create My First Invoice