Finance and Payments

Invoice management must be reliable — with KLEVERBILL.

In today’s business world, one thing matters above all: efficiency. Companies that want to work faster, with greater transparency and flexibility, need systems that think ahead. With KLEVERBILL, you can easily connect your business account to your dunning processes and save valuable time. This gives you full control over your finances at all times—secure, digital, and in real time.

A payment reminder is often the final prompt that motivates customers to settle outstanding invoices. But how do you draft a reminder correctly? And how can you ensure it is both professional and legally compliant? In this article, we show you how to write a payment reminder—with a sample, a template, and how KLEVERBILL supports you throughout the process.

As a general rule, Section 195 of the German Civil Code (BGB) provides for a three-year limitation period for contractual and statutory claims. This applies equally to private individuals and companies. Once this period has expired, the claim can no longer be enforced in court. The three-year limitation period always begins at the end of the calendar year in which the claim arose and the debtor had, or should have had, knowledge of the claim (Section 199 BGB).

Not every receivable can be successfully enforced immediately. In many cases, the first enforcement attempt fails because the debtor is currently unable to pay. But that does not mean you have to give up. This is exactly where our title monitoring comes in—a long-term, free solution to secure your claims over decades. In this article, you will learn how title monitoring works, what benefits it offers, and why it is a no-lose proposition for you.

Using the right KPIs and formulas provides valuable insights into a company’s financial position. Is your business profitable? Are there liquidity risks? Especially in economically challenging times, accounts receivable KPIs are highly important, as they indicate how effectively the company is collecting outstanding receivables. With KLEVERBILL, you can keep these KPIs in view—digitally, transparently, and efficiently.

Bank reconciliation is a key element of accounting, ensuring that your internal ledger records align with transactions on your bank accounts. In this article, you will learn what bank reconciliation is, how it works, whether it can be automated, and why software solutions for accounts receivable collections, such as KLEVERBILL, are worth considering.

If your business operates internationally, there are times when you also need to send payment reminders in English. But how do you phrase a reminder so that it is polite, professional, and at the same time unmistakably clear? In this article, you will find five practical examples of payment reminders in English, tips on how to structure them, and learn how KLEVERBILL automates the process and supports multilingual communication.

11,000 Municipalities – A vast administrative apparatus. In Germany, there are around 11,000 municipalities that operate independently. Every day, they deliver numerous smaller services for citizens—from issuing official certificates to providing services at local citizen offices. However, many of these services remain unpaid despite invoices having been delivered. For many administrations, the effort required to track and collect these receivables is too high.

Why multilingual payment reminders matter Many companies have international customers—whether through e-commerce, service agreements, or project-based work. A reminder issued in the customer’s native language appears more trustworthy, is clearer, and helps prevent misunderstandings. Studies show that multilingual reminder letters are processed more quickly and achieve higher success rates.