Small Business Focus

Epic online tool (Gentle Reminders Club) ensures prompt payment

It’s quite scary how well it works, because it’s such a simple idea.

Scott Cundill, Majestic3

The Gentle Reminders Club is an online platform that encourages ethical business behaviour when it comes to settling invoices on time, contributing to building a brand’s “reputation capital”.

A business can invite its new clients to join the club.

Upon sending them your invoice, the tool gently reminds them to pay.

It rewards prompt payment by giving the client a good rating.

If they fail to pay on time it will negatively affect their rating.

The Money Show’s Bruce Whitfield interviewed Scott Cundill.

Cundill is the owner of Majestic3, the tech partner behind The Gentle Reminders Club.

For more detail; listen to the interview in the audio below (and/or scroll down for additional quotes from it).

It uses emojis and ratings…

Scott Cundill, Majestic3

We found a simple smiley or angry face caused people to pay.

Scott Cundill, Majestic3

If you do not want to see a red, angry face next to your company’s name…

Scott Cundill, Majestic3

It’s set up to get paid quicker.

Scott Cundill, Majestic3

Click here (then “like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter


Recommended

by NEWSROOM AI
Read More
How to build a business that will survive constant technological change

How to build a business that will survive constant technological change

The Money Show’s Bruce Whitfield interviews Pavlo Phitidis, founder of Aurik Business Accelerator.

How to start and grow your own business with funds you find yourself

How to start and grow your own business with funds you find yourself

The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator Pavlo Phitidis.

How to grow by making deals and acquisitions without destroying value

How to grow by making deals and acquisitions without destroying value

Ray White (on The Money Show) interviews Aurik Business Accelerator founder Pavlo Phitidis.

How to turn ‘talk’ into ‘walk’ (because vision is nothing without execution)

How to turn ‘talk’ into ‘walk’ (because vision is nothing without execution)

The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator founder Pavlo Phitidis.

How I started a profitable micro-business in no time with only R1000

How I started a profitable micro-business in no time with only R1000

Valerie Pole took R1000 and turned it into a thriving micro-business. She then wrote a book to help others do the same.

Why businesses stop growing (a lesson for entrepreneurs)

Why businesses stop growing (a lesson for entrepreneurs)

The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator founder Pavlo Phitidis.

Popular articles
CT council to decide on charging De Lille following new forensic report

CT council to decide on charging De Lille following new forensic report

The Bowman Gilfillan report, yet to be made public, found that De Lille allegedly failed to report tender corruption to council.

Magashule has never taken responsibility for anything says Mxolisi Dukwana

Magashule has never taken responsibility for anything says Mxolisi Dukwana

Dukwana accuses Magasshule of taking him to Saxonwold and asking him to sign a project over to the Guptas for R2 million a month.

Judge in Omotoso case dismisses defence application to recuse himself

Judge in Omotoso case dismisses defence application to recuse himself

Judge Mandela Makaula has dismissed the defence application saying it has no merit.

Khayelitsha fire victims should get same help as Knysna says Sizwe Mpofu-Walsh

Khayelitsha fire victims should get same help as Knysna says Sizwe Mpofu-Walsh

Sizwe Mpofu-Walsh and callers discuss ways that corporate SA should help displaced Khayelitsha fire victims in Cape Town.