Introduction

Completed

Effectively managing receivables is important to the overall financial health of a business. The Late Payment Prediction extension can help you reduce outstanding receivables and refine your collections strategy by predicting whether sales invoices will be paid on time.

For example, if a payment has been predicted to be late, you might decide to adjust the terms of payment or the payment method for the customer.

This module explains how the Late Payment Prediction extension works, how it is set up, and how you can build your own model.