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  3. Invoice Chase Workflow
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intermediate

Invoice Chase Workflow

Finance teams manually track overdue invoices across email and spreadsheets, missing payment deadlines, delaying cash collection, and wasting time on repetitive follow-ups. Without a structured escalation sequence, some invoices go uncollected while others receive excessive contact, damaging customer relationships.

Overview

This workflow automates accounts receivable (AR) follow-up by triggering escalating outreach sequences when invoices reach defined aging thresholds (e.g., 15, 30, 45 days past due). Each stage uses templated email or SMS, conditional logic to skip already-contacted customers, and approval gates before escalating to phone calls or legal holds. Integration with accounting software (QuickBooks, NetSuite, Xero) ensures real-time invoice status sync and payment reconciliation. The workflow reduces manual AR work, shortens Days Sales Outstanding (DSO), and creates an audit trail for collections efforts.

Flow

Trigger: Invoice reaches defined aging threshold (e.g., 15, 30, 45 days past due) OR manual trigger for urgent collections

  1. 1
    automation

    Monitor Invoice Aging

    Daily sync with accounting system (QuickBooks, NetSuite, Xero, or API) to identify invoices reaching 15, 30, 45+ days past due. Filter by customer segment (high-value, standard, at-risk) to prioritize outreach. Flag invoices already in dispute or on payment plan to skip automated chase.

  2. 2
    automation

    Check Contact History

    Query CRM or email log to confirm no outreach sent in past 5 days. Prevent duplicate contact and reduce customer friction. Log all contact attempts in workflow record for audit trail.

  3. 3
    automation

    Send First Chase Email (15 Days Past Due)

    Trigger friendly, templated email to primary contact: invoice details, amount due, due date, and payment link or instructions. Tone: helpful reminder, not demand. Include optional early-payment discount (e.g., 2% for payment within 5 days) if configured. Track open and click rates.

  4. 4
    automation

    Escalate to Second Chase (30 Days Past Due)

    If payment not received, send second email to primary contact and optional CC to AP manager or procurement contact. Increase urgency slightly: reference prior email, note impact on account standing, offer payment plan option. Include direct phone number for questions.

  5. 5
    Approval

    Route to Collections Team for Phone Call (45 Days Past Due)

    Create task for collections or finance team member to call customer. Provide call script with invoice details, payment options, and dispute resolution path. Log call outcome (promised payment date, dispute reason, contact refusal) in workflow. If payment promised, set follow-up reminder.

  6. 6
    Approval

    Escalate to Manager Review (60 Days Past Due)

    Route invoice to finance manager or controller for decision: write-off, legal referral, or account hold. Provide summary of all prior contact attempts, customer history, and amount at risk. Manager approves next action (e.g., suspend future orders, refer to collections agency).

  7. 7
    automation

    Reconcile Payment & Close

    Monitor for payment receipt via accounting system. On payment, automatically close workflow, log payment date and method, and send thank-you email. If partial payment, adjust invoice and restart chase for remaining balance.

  8. 8
    automation

    Generate Collections Report

    Weekly or monthly: compile metrics (invoices chased, recovery rate, DSO improvement, contact attempts per invoice) and send to finance leadership. Highlight high-risk accounts and collections wins.

Setup instructions

1. **Audit current AR process**: Document existing chase sequence, contact frequency, and approval gates. Identify bottlenecks (e.g., manual email sending, missing follow-ups). 2. **Choose automation platform**: Select Zapier, Make, n8n, or native accounting tool (e.g., QuickBooks Online workflow builder). Verify API access to your accounting system. 3. **Set up accounting system integration**: Connect accounting software via API or native connector. Test daily sync of invoice aging data. 4. **Create email templates**: Draft 3–4 chase emails (15, 30, 45 days past due) with clear tone, payment link, and CTA. Include optional early-payment discount. Have finance manager review. 5. **Configure conditional logic**: Set aging thresholds (15, 30, 45, 60 days past due). Add filters: skip disputed invoices, skip customers on payment plan, skip if contacted in past 5 days. 6. **Set up approval routing**: Assign phone call task to collections team at 45 days; route manager approval at 60 days. Configure task due dates and Slack/email reminders. 7. **Integrate CRM or email log** (optional): Connect HubSpot or Salesforce to check prior contact history and log call outcomes. 8. **Test with sample invoices**: Create 5–10 test invoices at different aging stages. Run workflow end-to-end. Verify emails send, tasks create, and reconciliation works. 9. **Train finance team**: Walk through workflow, call script, task logging, and approval process. Set expectations for response time and escalation. 10. **Deploy and monitor**: Launch with live invoices. Track metrics weekly. Adjust email tone, thresholds, or approval gates based on feedback and recovery rate. Aim for 10–15% DSO improvement within 3 months.

Human approval points

  • Collections team review and phone call decision (45+ days past due)
  • Finance manager approval for write-off, legal referral, or account hold (60+ days past due)
  • Optional: manager review of first chase email template before deployment

Metrics to track

  • Days Sales Outstanding (DSO) — target: reduce by 10–15% within 3 months
  • Invoice recovery rate — % of overdue invoices collected within 60 days
  • Average time to payment — days from invoice date to payment received
  • Cost per collection — total workflow cost divided by invoices collected
  • Email open and click rates — engagement signal for chase effectiveness
  • Phone call conversion rate — % of calls resulting in promised payment or payment received
  • Write-off rate — % of invoices written off as uncollectible
  • Customer complaint rate — complaints about chase frequency or tone
  • Workflow automation rate — % of invoices chased automatically vs. manual follow-up

Failure cases

  • Invoice marked paid in accounting system but payment not received — reconciliation lag. Mitigation: add 2-day buffer before triggering chase, confirm payment in bank account.
  • Customer disputes invoice but workflow continues to chase — creates friction. Mitigation: check dispute flag in accounting system before sending chase email; pause workflow if dispute logged.
  • Email bounces or customer contact info is stale — wasted outreach. Mitigation: validate email addresses before sending; route to manager if email bounces twice.
  • Collections team ignores task or forgets to log call outcome — audit trail breaks. Mitigation: set task due dates, send Slack reminders, require outcome logging before task closure.
  • Payment received but not yet reconciled in accounting system — duplicate chase sent. Mitigation: add 1–2 day reconciliation window; query bank feeds or payment processor API for real-time confirmation.
  • High-value customer receives aggressive chase sequence — relationship damage. Mitigation: segment by customer tier; use softer tone for VIP accounts; require manager approval before escalating.

Requirements

Setup: 4–8 hours (accounting system integration, email template creation, approval routing configuration, testing with sample invoices)

Cost: Estimate only — sample data: Zapier/Make $50–200 (workflow automation), email service $0–50 (if using transactional provider), CRM $0–100 (if not already in use). Collections software add-on: $500–2,000/month depending on invoice volume and features.

Required tools

Accounting software (QuickBooks, NetSuite, Xero, or equivalent) with API or native integration
Workflow automation platform (Zapier, Make, n8n, or native accounting tool workflow builder)
Email service (Gmail, Outlook, or transactional email provider like SendGrid)

Optional

CRM (HubSpot, Salesforce) for contact history and call logging
SMS provider (Twilio, Telnyx) for SMS reminders on high-priority invoices
Collections management software (Billtrust, Versapay, Stripe Billing) for advanced AR automation
Document signing (DocuSign, HelloSign) for payment plan agreements
Slack or Teams integration for real-time alerts on overdue invoices

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