Good Monday manages accounts receivable for small businesses across Toronto and the GTA — invoicing clients accurately, following up on outstanding payments, and giving you a clear, current view of what’s owed and when it’s coming in. We handle collections professionally, so you get paid faster without damaging client relationships.
We create and distribute client invoices promptly and correctly the first time, reducing payment delays caused by errors, missing details, or invoices that simply went out late.
We monitor unpaid invoices and follow up professionally as they age, so overdue payments get resolved through consistent, polite persistence rather than an awkward call you keep putting off.
You get clear, up-to-date accounts receivable listings showing what’s owed, by whom, and how overdue it is — full visibility into your financial standing at any point in time.
We reconcile accounts against client and vendor records to catch and resolve discrepancies — a missed payment, a duplicate invoice, an amount that doesn’t match — before they become bigger problems.
You get a consistent, experienced point of contact for your receivables, not a different person handling collections every time an invoice goes overdue.
We track how overdue each invoice is and prioritize follow-up accordingly, so the oldest and highest-risk balances get attention first instead of being lost in a long list.
Good Monday’s accounts receivable services are built for small and growing businesses in Toronto that are owed money and need it collected consistently, without the awkwardness of chasing clients themselves. We work with:
We look at your current invoicing process, average time-to-payment, and how much is currently outstanding or overdue.
We set up your invoicing and collections workflow (or take over your existing one), with no disruption to current client relationships.
Invoices go out accurately and on schedule, tied to your billing terms and project or retainer structure.
Outstanding invoices are tracked and followed up on consistently as they age, using a professional, relationship-conscious approach.
You receive clear aging reports showing what’s outstanding, how overdue it is, and what’s been done to collect it.
Collections follow-up happens consistently and professionally, whether or not you have time to chase it yourself.
clear aging reports mean you’re never surprised by how much is actually outstanding.
Who knows your clients and your business, not a rotating collections queue.
Across professional services, construction, hospitality, and more.
Late payments are rarely about a client refusing to pay — they’re usually about friction and timing:
Missing details or confusing terms give clients an easy reason to set an invoice aside.
Without consistent reminders, invoices quietly slip past their due date.
Payment terms that vary invoice to invoice make it harder for clients to build your invoices into their own payment schedule.
Without a clear view of what’s overdue and by how much, the most at-risk balances don’t get prioritized.
Proactive, professionally managed AR addresses all four — clear invoices, consistent follow-up, standardized terms, and aging-based prioritization — which is why businesses that outsource collections typically see faster average payment times without straining client relationships.
Cost depends on your invoice volume and number of active clients. Good Monday’s packages start from $250/month and include invoicing and collections follow-up
Done well, it’s the opposite — professional, consistent follow-up is less awkward than an owner personally chasing a client for payment, and it keeps the relationship focused on the work rather than overdue invoices.
We escalate persistently unpaid invoices through a clear process — firmer follow-up, documented communication, and a recommendation on next steps (including referral to collections or legal action) if an account remains unresolved.
Yes. We help set up a proper invoicing system and standardized payment terms from scratch, so you have professional, consistent invoices from day one instead of ad hoc requests for payment.
We work within QuickBooks Online and Xero, and can set either up if you’re not already using one.
It depends on how overdue your current receivables are, but most clients see meaningfully faster average payment times within the first one to two billing cycles of proactive AR management.
Yes. We review your existing client list, invoicing history, and outstanding balances, and take over with no gap in invoicing or follow-up during the transition.
Manage what you owe vendors alongside what clients owe you.
Keep AR activity reconciled with your overall books.
Turn cash flow trends into forward-looking planning.
Get backlogged invoicing and records current first.
Contact us and see exactly what’s currently outstanding — and what a proactive collections process could recover.