Job management software firm Fergus has encouraged the trade to prioritise keeping on top of their finances at this time of the year.
James Chillman, UK country manager for Fergus, said: “With a cost-of-living crisis and rising energy, fuel and material costs, it is so important that business finances are prioritised.
“Autumn is the start of the heating season and it marks the point when construction work ramps up as people get back from their summer holidays. It is a busy time for the trade, but making time to invoice on time and chase payment is absolutely crucial.
“It’s all about discipline when it comes to keeping on top of the books. If you are someone who is constantly putting your record-keeping on the back burner, you’ll know how painful it is to sit down and have to tackle days, weeks or even months of invoicing and receipts. If you don’t have the right processes in place, this is also where mistakes get made.
“Ask yourself; what can you do so your business can invoice every day and therefore get paid on time? If you are invoicing and following up on invoices every day you will notice the cash starts to come in very quickly. That’s where Fergus can really make a difference – it allows you to see how your business is performing in certain areas and how profitable individual jobs are.”