Shorter payment terms on the way for SMEs
Starting from 29 April 2020, large companies will no longer be able to impose payment terms of more than 90 days on SMEs. In the past, large companies have sometimes taken advantage of their position of power over smaller contractors. Suppliers would be pressured to accept long payment terms of up to 120 days or more. Those who objected would lose out on major contracts. The new law of 29 May 2019 changes all that.
At Unpaid, we've hit the milestone of 750 customers and we couldn't be prouder.
As of today, Unpaid has added Octopus to the list of software platforms with which integration is possible. Octopus is a Belgian pioneer in the field of internet accounting with more than 35.000 client files. Thanks to this latest integration, Octopus customers can now seamlessly use the Unpaid collection platform.
Today we party and celebrate Unpaid's birthday! Three years ago we took our first baby steps and today we are a growing, dynamic start-up. Looking back once in a while is always a good thing. And it has to be said, we are shocked at how much we have been able to achieve in the last three years. Today is one of those days where get to show off.


Did you know that, as a Yuki user, it's easy to have your outstanding business-to-business invoices collected via Unpaid? Thanks to this smart integration, collecting your overdue, unpaid invoices is simple, fast and efficient, leaving you free to focus on your core activities. In this article, we will briefly explain how the integration works.
How does collecting an unpaid B2B invoice work in Belgium?
Since July 2016, the so-called Potpourri law has been in force. This new law has made it much easier to collect unpaid invoices between companies in Belgium. Unpaid was created shortly after this law came into force. We were one of the first to specialize in this new procedure. But how does this procedure work?
Are you an Exact user and would you like to collect your unpaid invoices in a very simple manner? Thanks to this connection between Unpaid and Exact you can very easily import your invoices onto our platform. Discover how it works, very easily!
a compensation clause
A compensation clause allows you, as a supplier, to ask for an extra amount on top of the standard invoice amount and in addition to interest on arrears if your client is not paying on time. Such compensation clause can be a percentage (for example, 1% per month), a fixed amount (for example, € 75 per invoice), a variable amount (for example, 10% of the invoice value), or a combination of the foregoing.

An unpaid invoice?

Calculate here how much additional turnover you must generate to compensate for it.

The gross margin basically is the difference between the total income of the company (the turnover) and the costs paid to realise that operating income. In many cases (such as in this calculator) this margin is expressed in a percentage. In order to obtain this percentage, you divide the difference by the turnover.


terms and conditions
Do you have General Terms and Conditions? No? It is nevertheless an important document. The General Terms and Conditions determine the rules that will be applied in the event of discussions about delivered performances or invoiced goods. In other words: Good General Terms and Conditions ensure for you to have a stronger position in case of a dispute.
the perfect reminder letter
If an invoice remains unpaid, you've got to act quickly. The longer outstanding invoices are allowed to remain unpaid, the greater the chance that you will miss out on payment. That's why you should wait no more than a few days after the due date to call your customer. What if the customer does not honor the agreement you made for payment? Then send a reminder letter. We offer you the crucial tips and an example of a good reminder.
een goede factuur verhoogt de kans op betaling
A good invoice makes the entire payment process go more smoothly. For example, there are a number of crucial elements that have to be contained in an invoice in order to avoid problems if a customer should fail to pay. Are you certain that your invoices are complete? Read here what a good invoice looks like.