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Tudor
Dec 3, 2024
Have you ever wondered how much revenue might be slipping through the cracks simply because it wasn’t tracked or followed up on? It’s more common than you might think, and for many businesses, those uncollected payments can make a huge difference in overall cash flow.
When we first examined this issue in our business, we discovered nearly $214,000 in outstanding receivables—revenue we didn’t even realize was missing! 🤯
The Problem with Untracked Receivables
Without a streamlined way to track and follow up on receivables, valuable revenue often goes uncollected. The good news? There’s a way to identify exactly how much you might be leaving on the table each month, and it’s simpler than you think.
We’ve created a quick calculator to help you get a clear picture of your revenue gap. The results might surprise you!
How It Works:
Enter Your Total Monthly Revenue: Start with the total amount you’re invoicing each month.
Your Average Collect Rate: Input how much of that invoiced amount you’re actually collecting.
See the Revenue Gap: Instantly see how much revenue is coming into your business versus how much you’re missing. This gap represents the potential extra money you could collect by improving your systems.
The calculator is on our pricing page, which you can access by Clicking Here