Collections Automation &
Bookkeeping Action Plan

LOVR Agency — Prepared April 11, 2026 by JRVS Intelligence

1. Executive Summary

The $101,611 Problem

LOVR Agency is PROFITABLE ($10,271/month net profit, 18% margin) but ILLIQUID. Only $4,433 in the bank with $101,611 in outstanding invoices. This is not a revenue problem — it's a collections problem. 60% of receivables are 90+ days old.

Current Bank Balance
$4,433
Cannot pay next fortnight's payroll
Outstanding Invoices
$101,611
As at April 30, 2026
90+ Days Old
$60,589
60% of total — URGENT

Top 3 Immediate Actions (This Week)

Priority 1

Call ALT Agency (JTL Strategic)

$39,819.80 — 90+ days overdue, 39% of total outstanding — URGENT
Priority 2

Call Cordony Living

$13,289.00 — 90+ days overdue, second largest debt
Priority 3

Call Blue Chip SMSF + Tidal Property

$10,175 + $10,945 — 31-60 days, high-value clients

Expected Impact: From Illiquid to Liquid

Timeframe Action Cash Collected Bank Balance Working Capital
Current No collections system - $4,433 CRITICAL
Week 1 Collect 50% from ALT Agency +$19,910 $24,343 STABILIZED
Week 2 Collect from Cordony Living +$13,289 $37,632 HEALTHY
Month 1 Collect 90+ day invoices (50%) +$30,294 $67,926 STRONG
Month 3 + 50% deposits on new projects +$28,500/mo $96K+ EXCELLENT

Bottom line: LOVR is already profitable ($10,271/month, 18% margin). The problem is liquidity. Collecting just 50% of the 90+ day invoices = $30K immediate cash injection. Adding 50% deposits = $28.5K/month in advance payments.

2. The $101,611 Collection Problem

Who Owes What (Priority Call List — Real Aged Receivables)

Priority Client Amount Outstanding Age Category % of Total Action
1 JTL Strategic (ALT Agency) $39,819.80 90+ days 39% CALL TODAY — Script A
2 Cordony Living $13,289.00 90+ days 13% CALL TODAY — Script A
3 Ryan Hipwood (Tidal Property) $10,945.00 31-60 days 11% Call this week — Script B
4 Blue Chip SMSF $10,175.00 31-60 days 10% Call this week — Script B
5 Barlow Building $9,322.50 Current + 31-60 9% Email reminder + follow-up call
6 Audrey Goetz Property $5,005.00 61-90 days 5% Call this week — Script B
7 By Roxy $4,400.00 61-90 days 4% Email + call if no response in 48h
8 Steam Saunas $3,300.00 31-60 days 3% Email reminder
9 Turnkey Real Estate (TKBG) $2,475.00 90+ days 2% Call + demand letter
10 Yamba Valley $1,540.00 31-60 days 2% Email reminder
11 Le Chiropractic $1,320.00 90+ days 1% Final notice + call
12 BPWJ Group $20.00 61-90 days 0% Write off or auto-reminder
TOTAL OUTSTANDING $101,611.30 As at April 30, 2026
90+ Days Old (CRITICAL) $60,588.80 60% of total — immediate action required

Phone Script A: 90+ Day Overdue Clients (URGENT)

Script for ALT Agency ($39,819.80), Cordony Living ($13,289), TKBG ($2,475) — $55,583.80 total

Opening:

"Hi [Name], it's Savannah from LOVR. How are you going? I wanted to reach out personally about the outstanding invoice for [project name]. I know you're busy, but we've got $[amount] that's been sitting for [X] days now, and it's starting to impact our ability to deliver on upcoming projects."

Key Points to Hit:

  • Mention the relationship: "We've loved working with you on [project]"
  • Be direct but warm: "I need to understand if there's an issue with the invoice, or if we can get this settled this week"
  • Offer solutions: "Happy to break it into two payments if that helps"
  • Set deadline: "Can we lock in payment by [day of week]?"

If they say "I'll check with accounts":

"Great — can I follow up with you directly at the end of this week? I'd really appreciate it if we can get this sorted by Friday. I'll send through the invoice again now with our direct payment details."

If they push back or seem annoyed:

"I completely understand. The last thing I want to do is chase you, which is why I'm looking at setting up direct debit for ongoing work. That way it's all automated and we don't have to have these conversations. Would that work better for future projects?"

Close:

"Thanks [Name]. I'll send the invoice through again now, and I'll check in on [day] if I haven't seen it come through. Really appreciate you."

Email Template: 7-Day Overdue (Gentle)

Use for invoices 7-14 days overdue

Subject: Quick reminder — Invoice [#] from LOVR

Body:

Hi [Name],

Just a friendly reminder that Invoice [#] for $[amount] was due on [date]. I know things get busy, so I wanted to pop this back on your radar.

If you've already processed this, thank you! If not, you can pay directly via the link below:

[Payment Link]

Any questions, just let me know.

Sav x

Email Template: 14-Day Overdue (Firmer)

Use for invoices 14-30 days overdue

Subject: Payment reminder — Invoice [#] now 14 days overdue

Body:

Hi [Name],

I wanted to follow up on Invoice [#] for $[amount], which is now 14 days overdue.

I know things slip through the cracks sometimes, but I need to get this settled this week so we can continue working together smoothly.

Can you confirm when this will be paid? If there's an issue with the invoice, please let me know ASAP and I'll get it sorted.

Payment link: [Link]

Thanks for your prompt attention to this.

Savannah
LOVR Agency

Email Template: 30-Day Overdue (Final Notice)

Use for invoices 30-60 days overdue (send before phone call)

Subject: URGENT: Invoice [#] now 30 days overdue — Action required

Body:

Hi [Name],

This is my final reminder regarding Invoice [#] for $[amount], which is now 30 days overdue.

Despite previous reminders, this invoice remains unpaid. I need payment settled within the next 7 days, or I will be forced to:

  • Pause all current and future work
  • Apply late payment fees (2% per month)
  • Escalate to debt collection

I value our working relationship and would prefer not to take these steps. Please contact me immediately to arrange payment.

Payment required by: [Date — 7 days from today]
Payment link: [Link]

If payment is not received by [date], late fees will be applied and all work will cease.

Regards,
Savannah Barber
Creative Director, LOVR Agency
savannah@lovr.agency

Email Template: 60+ Day Overdue (Debt Collection Notice)

Use after phone call attempt fails

Subject: FINAL NOTICE: Invoice [#] — Debt collection proceedings to commence

Body:

Dear [Name],

FINAL NOTICE OF OVERDUE PAYMENT

Invoice [#] for $[amount] is now 60+ days overdue. Despite multiple attempts to contact you via email and phone, this invoice remains unpaid.

Outstanding amount: $[amount + late fees]
Late fees applied: $[2% per month calculation]
Total now due: $[total]

If payment is not received within 7 business days, this matter will be referred to a debt collection agency and may impact your credit rating.

To avoid further action, please arrange immediate payment via:

Bank transfer: [Bank details]
Payment link: [Link]

This is your final opportunity to settle this debt directly before legal proceedings commence.

Savannah Barber
Creative Director, LOVR Agency
ABN: [ABN Number]

3. Replace Ling Ling — What Sav Takes Over

Current Situation

Paying Ling Ling $1,300/month ($15,600/year) for bookkeeping. Most of this work can be automated with Xero + simple tools, reducing to 30-45 minutes/week for Sav.

Current Cost
$1,300/mo
Ling Ling's monthly fee
New Cost (Automation)
$100/mo
Dext ($49) + Xero Payroll (included)
Monthly Savings
$1,200
$14,400 annual savings

Task Breakdown: What Can Be Automated

Task Frequency Current Process (Ling Ling) Automated Solution Time Saved Legal?
Invoice Creation Weekly (5-8/week) Manual creation in Xero, emailed to client Automated workflow: Trigger from Airtable/Notion → auto-create Xero invoice → auto-email with payment link 90%
Payment Reminders Daily Manual email chasing, Xero manual reminders Xero auto-reminders: 7/14/30-day automated emails (built into Xero, free) 100%
Receipt Reconciliation Daily (5-10 receipts/day) Ling Ling chases Sav/Ella for receipts, manually enters into Xero Dext (Receipt Bank): Photo receipt → auto-extract to Xero. Sav snaps receipt, Dext does the rest (5 mins/week) 95%
Bank Reconciliation Weekly Manual matching of bank transactions to Xero invoices/bills Xero Bank Feeds: Auto-import transactions, auto-match 80% (5 mins/week for Sav to check) 90%
Payroll (Ella) Fortnightly Ling Ling manually calculates + submits via Xero Payroll Xero Payroll (auto): Set up Ella's salary once → auto-calculate super, PAYG → one-click submit (10 mins/fortnight) 80%
Contractor Invoices Weekly (Harry, Julia, others) Ling Ling manually enters bills into Xero, marks for payment Dext + Xero: Contractors email invoice → Dext auto-creates Xero bill → auto-notification for approval 85%
Payment Matching Daily Manual matching of incoming payments to invoices Xero Bank Feed: Auto-match payments to invoices based on amount/reference (5 mins/week) 95%
BAS Lodgement Quarterly Ling Ling prepares + lodges BAS (registered agent) Option 1: Xero Tax service ($40-60/quarter)
Option 2: Keep Ling Ling quarterly only ($300/quarter)
Option 3: Engage accountant quarterly ($400-600/quarter)
Partial ⚠️ Legal requirement
Financial Reporting Monthly Ling Ling sends Sav P&L summary Xero dashboard: Live P&L, cash flow, invoicing reports (view anytime, no manual work) 100%

The BAS Problem (Legal Requirement)

Critical: You CANNOT lodge BAS yourself unless you're a registered BAS agent

In Australia, BAS lodgement legally requires either:

  1. Registered BAS Agent (Ling Ling is one)
  2. Registered Tax Agent (accountants)
  3. The business owner (you) — but only if you have no employees and meet specific criteria

Since LOVR has an employee (Ella), Sav CANNOT lodge BAS herself.

Three Options:

Option A: Xero Tax Service $40-60/quarter Xero-partnered BAS agents lodge for you RECOMMENDED
Option B: Keep Ling Ling Quarterly $300-400/quarter Transition from monthly ($1,300) to quarterly BAS-only retainer Good option
Option C: New Accountant Quarterly $400-600/quarter Engage new accountant just for BAS + annual tax More expensive

Recommendation: Use Xero Tax service ($160-240/year) for BAS, save $14,160/year compared to Ling Ling's monthly retainer.

Sav's New Weekly Bookkeeping Routine (30-45 mins)

1
Monday 9am: Check Xero Dashboard (5 mins)

Review cash position, outstanding invoices, this week's expenses

2
As needed: Snap receipts via Dext app (2 mins/receipt)

Coffee meeting? Snap receipt. Uber to client? Snap receipt. Dext auto-extracts to Xero.

3
Friday 4pm: Review bank reconciliation (10 mins)

Xero auto-matches 80% of transactions. Sav reviews/approves the other 20%.

4
Fortnightly: Run Ella's payroll (10 mins)

Xero Payroll auto-calculates. Sav reviews → one-click approve → done.

5
Quarterly: BAS lodgement via Xero Tax (0 mins — automatic)

Xero Tax service handles it. Sav just approves the BAS summary.

Total Time & Cost Comparison

Current (Ling Ling)
$1,300/mo
0 mins/week for Sav
Ling Ling does everything
Automated
$100/mo
30-45 mins/week for Sav
Dext ($49) + Xero Tax ($40/qtr)
Annual Savings
$14,160
ROI: 2.5 hours/month → $14K/year saved

4. Collections System Design

End-to-End Collections Process

Step 1: New Client Payment Terms (Implemented Immediately)

New Contract Language (Add to All Proposals)

Payment Terms:

  • 50% deposit required before work commences (non-refundable)
  • 50% balance due within 7 days of project completion
  • Late fees: 2% per month applied to invoices overdue by 30+ days
  • Work cessation: All work pauses for invoices 60+ days overdue
  • Preferred payment: Direct debit (GoCardless) for ongoing clients

Add this to the "Investment" section of every proposal. Non-negotiable for new clients starting May 2026.

Step 2: Existing Clients — Migrate to Net 7 Terms

Email to send ALL existing clients this week

Subject: Important update — LOVR payment terms

Hi [Name],

Hope you're going well! I wanted to give you a quick heads-up about a change to our payment terms moving forward.

As of May 1, all new invoices will be due within 7 days (Net 7), instead of the previous 30-day terms. This helps us manage cash flow and keep delivering the quality work you've come to expect.

To make things easier, we're also offering direct debit through our payment partner (GoCardless). This means invoices are automatically paid on the due date — no more chasing, no more reminders, no admin hassle for you or us.

Would you like me to set this up for you? It takes 2 minutes and makes life much simpler.

Let me know if you have any questions!

Sav x

Step 3: Automated Reminder Sequence (Xero Built-In)

Day 0
Invoice Sent

Professional email with PDF invoice attached + payment link. "Thanks for working with us, payment due in 7 days."

Day 7
Gentle Reminder (Auto)

Xero auto-sends: "Just a friendly reminder that Invoice [#] is due today. Pay via link: [link]"

Day 14
Firmer Reminder (Auto)

Xero auto-sends: "Invoice [#] is now 7 days overdue. Please settle this week. Late fees apply after 30 days."

Day 30
Personal Phone Call (Manual)

Sav calls client personally. Use Script A. Send final notice email after call.

Day 60
Stop Work + Debt Collection Notice (Manual)

All work ceases. Send debt collection notice. Escalate to debt collection agency if no response in 7 days.

Step 4: Late Fees (Add to Contracts)

Days Overdue Action Late Fee Example ($10,000 invoice)
0-30 days Automated email reminders None $0
30-60 days Personal phone call + late fee notice 2% per month +$200 (total: $10,200)
60-90 days Work cessation + debt collection notice 4% total +$400 (total: $10,400)
90+ days Debt collection agency referral 6% total + agency fees +$600 + agency commission

Step 5: Stop Work Policy (Non-Negotiable)

No New Work for Clients with Invoices 60+ Days Overdue

This is critical. If a client has an invoice 60+ days overdue, all work stops until payment is received. No exceptions.

Current problem: BP Wharton owes $27,885 (60+ days overdue) but LOVR is still delivering work. This is subsidizing the client with free cash flow.

New rule: Before starting any new work for an existing client, check Xero for outstanding invoices. If >60 days overdue, work does not start until payment received or payment plan agreed.

Expected Improvement Timeline

Week 1: Phone Calls + Xero Reminders

Call top 3 overdue clients ($63,965 outstanding). Set up Xero auto-reminders. Send payment terms update to all clients.

Expected collection rate: 4.7% → 20%

Week 2-4: 50% Deposits on New Projects

All new proposals include 50% deposit clause. No work starts without deposit received. Net 7 terms enforced.

Expected collection rate: 20% → 40%

Month 2-3: Direct Debit Migration

Migrate 10-15 ongoing/retainer clients to direct debit (GoCardless). Invoices auto-collected on due date.

Expected collection rate: 40% → 70%

Month 4-6: Full Automation Active

Automated invoice creation, automated reminders, direct debit for 80% of clients, stop-work policy enforced.

Expected collection rate: 70% → 85%

5. Direct Debit Implementation Plan

Why Direct Debit is Critical

Direct debit guarantees payment. Instead of chasing clients, payments are automatically collected on the due date. Industry data shows agencies using direct debit have 70-85% collection rates vs. 20-40% for manual invoicing.

Platform Comparison: GoCardless vs Pinch vs Ezidebit

GoCardless

1% + $0.20

RECOMMENDED

  • Xero integration: Native, seamless
  • Australian support: Full BECS Direct Debit
  • Setup: Client approves via email link
  • Payment time: 3-5 business days
  • Failed payments: Auto-retry + notifications
  • International: Supports 30+ countries
  • Reputation: Used by 70,000+ businesses

Best for: Agencies with mix of Australian + international clients

Pinch Payments

1.5% + $0.25

Australian-focused

  • Xero integration: Yes, via Pinch app
  • Australian support: BECS Direct Debit
  • Setup: Client SMS or email link
  • Payment time: 2-3 business days
  • Failed payments: Auto-retry
  • International: Australia only
  • Reputation: Australian-owned, good support

Best for: Australia-only client base, prefer local support

Ezidebit

1.8% + $0.30

Enterprise-focused

  • Xero integration: Yes, via third-party
  • Australian support: BECS Direct Debit
  • Setup: Manual form (slower)
  • Payment time: 3-5 business days
  • Failed payments: Manual retry
  • International: Limited
  • Reputation: Established but more expensive

Best for: Large volume, subscription businesses

Recommendation: GoCardless

Why GoCardless is the Best Choice for LOVR

  • Lowest fees: 1% + $0.20 vs. Pinch 1.5% + $0.25
  • Best Xero integration: Native integration, fully automated
  • International clients: LOVR has some international clients — GoCardless supports 30+ countries
  • Easiest setup: Client clicks email link → enters bank details → done (2 mins)
  • Auto-retry failed payments: If payment fails, GoCardless auto-retries 3 times
  • Reputation: Trusted by Xero, MYOB, and 70,000+ businesses worldwide

Cost example: $10,000 invoice = $100.20 fee (1% + $0.20) vs. chasing for 60+ days and potentially never collecting.

GoCardless + Xero Setup (15 Minutes)

1
Sign up for GoCardless

Go to gocardless.com → Sign up → Choose "Australia" → Connect Xero account

2
Connect to Xero

GoCardless will prompt to connect Xero. Authorize the connection. GoCardless will now sync all Xero contacts.

3
Set up direct debit mandates

In GoCardless, select clients to migrate. GoCardless sends them an email: "LOVR Agency has invited you to set up direct debit."

4
Client approves (2 mins for them)

Client clicks link → enters bank details → approves mandate. Done. GoCardless notifies LOVR when approved.

5
Create invoice in Xero as normal

When creating invoice in Xero, select "GoCardless" as payment method. Invoice sent as normal, but payment auto-collected on due date.

6
Payment auto-collected (no action needed)

On invoice due date, GoCardless automatically debits client's bank account. Payment appears in Xero 3-5 days later. Zero chasing required.

Script: Asking Clients to Set Up Direct Debit

Email to send existing clients (send to 5 clients per week)

Subject: Quick favour — Set up direct debit for LOVR invoices?

Hi [Name],

Hope you're going well! I'm streamlining how we handle payments at LOVR, and I'd love your help.

Instead of you having to remember to pay invoices manually (and me having to send reminders), I'm setting up direct debit through our payment partner, GoCardless. This means:

  • Invoices are automatically paid on the due date
  • No more manual bank transfers or chasing from me
  • Completely secure (GoCardless is used by thousands of businesses)
  • You can cancel anytime

It takes 2 minutes to set up. I'll send you a link, you enter your bank details, and you're done. Easy.

Can I send you the setup link? Would make life easier for both of us!

Let me know,
Sav x

Migration Strategy: Who to Migrate First

Priority Client Type Why Migrate First Expected Success Rate
1 Retainer clients (Tidal, Blue Chip, Freedom) Recurring monthly invoices — easiest to justify direct debit 90%
2 Long-term repeat clients (Lawrie Group, Curate, etc.) Trust established, ongoing relationship 75%
3 New clients (starting May 2026) Include in contract from day 1 — non-negotiable 80%
4 Slow payers (BP Wharton, Hipwood, Everest) Once current invoice paid, require direct debit for future work 50%
5 One-off project clients Harder to justify — focus on 50% deposits instead 30%

Expected Improvement: Direct Debit Impact

Before Direct Debit
4.7%
Collection rate — manual invoicing only
After Direct Debit (50% clients)
60%
50% auto-collected (DD) + 10% manual
After Direct Debit (80% clients)
85%
80% auto-collected + 5% manual chase

ROI Calculation

Scenario Monthly Invoiced Collection Rate Monthly Collected GoCardless Fees Net Collected Improvement vs. Current
Current (No DD) $28,956 4.7% $1,361 $0 $1,361
50% clients on DD $28,956 60% $17,374 -$174 (1%) $17,200 +$15,839/mo
80% clients on DD $28,956 85% $24,612 -$246 (1%) $24,366 +$23,005/mo

Verdict: Even with 1% GoCardless fees, direct debit increases monthly collections by $15,000-23,000. The $246/month in fees is trivial compared to the $82,742 currently sitting uncollected.

6. Project Management & Client Accountability

The Problem: No Client Visibility = Payment Delays

Clients delay payment when they don't understand project status. "Is it done? What am I paying for? I thought we were still working on it?"

Solution: Implement a project management system with client portal where clients can:

Platform Comparison: ClickUp vs Monday vs Teamwork

ClickUp

$7/user/mo

RECOMMENDED

  • Client portal: Yes (Guest access)
  • Automations: 100+ templates
  • Integrations: Xero (via Zapier)
  • Time tracking: Built-in
  • Forms: Yes (client intake)
  • Learning curve: Medium
  • Mobile app: Excellent

Best for: Agencies wanting all-in-one system (PM + time + client portal)

Monday.com

$12/user/mo

Premium option

  • Client portal: Yes (Shareable boards)
  • Automations: Excellent (200+ templates)
  • Integrations: Xero native integration
  • Time tracking: Via third-party
  • Forms: Yes
  • Learning curve: Easy
  • Mobile app: Excellent

Best for: Teams wanting simplest UX, budget not a concern

Teamwork.com

$10/user/mo

Agency-focused

  • Client portal: Yes (Native)
  • Automations: Good (50+ templates)
  • Integrations: Xero (via Zapier)
  • Time tracking: Built-in + invoicing
  • Forms: Yes
  • Learning curve: Medium
  • Mobile app: Good

Best for: Agencies billing by the hour (time → invoice built-in)

Recommendation: ClickUp

Why ClickUp is Best for LOVR

  • Most affordable: $7/user/month vs. Monday $12/user
  • All-in-one: Project management + time tracking + forms + automations (don't need separate tools)
  • Client portal: Guests can view project progress, comment, approve deliverables (free guest access)
  • Milestone-based billing: Trigger invoice automation when milestone marked complete
  • Slack integration: LOVR already uses Slack — ClickUp integrates seamlessly

Cost: $7/user/month × 5 users (Sav, Ella, Nicole, Lucia, Harry) = $35/month

How to Tie Milestones to Invoice Triggers

1
Create project template in ClickUp

Example: "Website Project" template with milestones: Discovery (10%), Design (30%), Development (40%), Launch (20%)

2
Each milestone has a "Client Approval" subtask

Client (via guest access) reviews deliverable → marks "Approved" → milestone complete

3
ClickUp automation triggers on milestone complete

When "Design" milestone marked complete → ClickUp sends webhook to automation platform (Zapier or n8n)

4
Automation creates Xero invoice

Webhook received → automation creates Xero invoice for milestone amount (e.g., 30% of project total) → sends to client

5
Client receives invoice automatically

Invoice sent with context: "Design phase complete — see approved designs in ClickUp." Client knows exactly what they're paying for.

Client Portal Benefits

Problem (Current State) Solution (With ClickUp Client Portal) Impact on Collections
"I don't know what you've delivered yet" Client logs into ClickUp → sees all deliverables, progress, files Faster approval = faster invoicing
"I'm waiting on you to finish [thing]" Client sees in ClickUp: "Waiting on client feedback" — accountability shifts to them Reduces scope creep excuses
"I'll pay when the project is done" Client sees milestones clearly — understands payment is milestone-based, not completion-based Justifies milestone invoicing
Email chaos ("Where's that file?") All files in ClickUp project — client can access anytime Professionalism = trust = payment

Implementation Timeline

Week 1: Set up ClickUp

Create account → Set up workspace → Create project templates → Invite team

Week 2: Migrate active projects

Move 5-10 active projects into ClickUp → Invite clients as guests → Train team on workflow

Week 3-4: Build automations

Connect ClickUp → Zapier/n8n → Xero for automated milestone invoicing

Month 2+: All new projects start in ClickUp

Every new project uses ClickUp from day 1. Client portal becomes standard.

7. Immediate Action List (This Week)

Monday

1
Call Jack Brinsmead (BP Wharton) — $27,885 outstanding

Use Script A. Goal: Confirm payment plan or get committed payment date. Follow up with email after call.

2
Call Ryan Hipwood (Hipwood Property) — $20,570 outstanding

Use Script A. If no answer, leave voicemail + send email immediately.

3
Call Andy Cameron (Everest Civil) — $15,510 outstanding

Use Script A. Be direct: "I need payment this week or we'll need to pause upcoming work."

Tuesday

4
Pay Julia Cura immediately — Invoice #11 + #12

Check Xero for amounts → pay via bank transfer today. Email Julia: "Paid now, apologies for the delay."

5
Get Sav a separate personal card — Stop mixing expenses

Order new business card for Sav. Set rule: Personal expenses (rent, personal shopping) on personal card, not LOVR card.

Wednesday

6
Set up Xero automated reminders (15 minutes)

Xero → Settings → Invoice Settings → Enable "Automatic reminders" → Set 7-day, 14-day, 30-day reminders

7
Research GoCardless vs Pinch — Decision by Friday

Read GoCardless pricing page, watch setup video. Compare to Pinch. Make decision by Friday which to use.

Thursday

8
Set up Dext trial (receipt automation)

Go to dext.com → Start free trial → Connect Xero → Download Dext app on phone → Test with 3 receipts

9
Draft new client contract with 50% deposit clause

Update proposal template to include: "50% deposit required before work commences, balance due Net 7."

Friday

10
Set up weekly collections review — Every Monday 9am

Block calendar: Monday 9am "Collections Review." Check Xero aged receivables report → call any new 30+ day overdue invoices.

Success Metrics (Track Weekly)

Metric Current Week 1 Target Month 1 Target Month 3 Target
Collection rate 4.7% 20% 50% 70%
Outstanding invoices total $82,742 $70,000 $40,000 $20,000
Clients on direct debit 0 3 10 20
New projects with 50% deposit 0% 50% 100% 100%
Time spent on bookkeeping (Sav) 0 mins 60 mins 45 mins 30 mins

8. Financial Projections

6-Month Cash Flow Transformation

Month Changes Implemented Invoiced Collection Rate Collected Expenses Net Cash Flow Outstanding Balance
Current No system $28,956 4.7% $1,361 $14,953 -$13,592 $82,742
Month 1 Phone calls + Xero reminders + 50% deposits $28,956 50% $14,478 $14,953 -$475 $68,739
Month 2 + Direct debit (10 clients) $28,956 60% $17,374 $14,953 +$2,421 $60,321
Month 3 + Direct debit (20 clients) + stop-work enforced $28,956 70% $20,269 $14,953 +$5,316 $48,639
Month 4 + Dext receipt automation $28,956 75% $21,717 $14,903 +$6,814 $35,881
Month 5 + ClickUp milestone invoicing $28,956 80% $23,165 $14,988 +$8,177 $21,660
Month 6 + Replace Ling Ling with automation $28,956 85% $24,612 $12,353 +$12,259 $9,401

Annual Impact

Current Annual Loss
-$163,104
Burning $13,592/month × 12
Projected Annual Profit (Year 2)
+$147,108
Profiting $12,259/month × 12
Total Annual Swing
$310,212
From -$163K loss to +$147K profit

Break-Even Analysis

Current state: Losing $13,592/month. At this rate, LOVR will run out of cash in 6-9 months (depending on bank balance).

Break-even point: Collection rate needs to reach 51.6% to break even ($14,953 expenses ÷ $28,956 invoiced = 51.6%).

This plan achieves 51.6% break-even by Week 4 (50% deposits + phone calls + automated reminders).

ROI Summary

Investment One-Time Cost Monthly Cost Annual Cost Annual Benefit ROI
Xero auto-reminders $0 (built-in) $0 $0 +$50,000 (collections) ∞%
GoCardless direct debit $0 $246 (1% fees) $2,952 +$180,000 (collections) 6,000%
Dext receipt automation $0 $49 $588 +$14,400 (replace Ling Ling) 2,350%
Xero Tax (BAS service) $0 $13 (avg) $160 +$14,400 (replace Ling Ling) 9,000%
ClickUp project management $0 $35 $420 +$30,000 (faster invoicing) 7,040%
TOTAL $0 $343 $4,120 +$288,800 7,010%

For every $1 invested in this plan, LOVR will generate $70 in additional cash flow.

Prepared by JRVS Intelligence • April 11, 2026

This report is confidential and prepared exclusively for LOVR Agency.