---
title: "Credit control and invoice finance: a 2016 article | Datamolino"
url: https://www.datamolino.com/blog/cash-flow-management/
description: "A look back at the 2016 article on sending sales invoices, chasing payment and the role of invoice finance."
published: 2016-11-18
updated: 2026-09-19
source: "Datamolino website (www.datamolino.com), Markdown copy of the page at the URL above. Prices and product details can change; check the page before relying on them."
---

# Credit control and invoice finance: a 2016 article

The November 2016 article discussed sending sales invoices promptly, following up outstanding balances and using invoice finance to bridge a cash-flow gap. It featured Satago's service as it was described then. The subject was money customers owed the business, rather than the preparation of supplier bills.

Published 18 November 2016 · by [Jan Korecky](https://www.linkedin.com/in/korecky/) · Edited 19 September 2026 · 2 min read

## The credit-control process

Published on 18 November 2016, the article focused on accounts receivable: the sales invoices a business had issued but had not yet been paid for. It argued that increasing sales was not enough if the business could not collect the amounts due.

Its practical suggestions were to issue an accurate invoice promptly, ask customers to use the invoice number as their payment reference, and make reminders specific enough for the customer to identify the debt. It proposed starting reminders before the due date, then changing their wording as the balance became overdue.

The software functions it discussed were customer credit information, reminder scheduling and a record of outstanding balances. These were ways to manage follow-up work; sending a reminder did not itself establish when the customer would pay.

## The finance option discussed

The article also introduced invoice finance, in which a provider advances money against an unpaid invoice or sales ledger in return for a fee or discount. It mentioned selective invoice finance, where the funding concerned an individual invoice.

Its description of the market reflected 2016. The article featured Satago as a provider of finance and receivables-management tools for small businesses. That was a description of its offer at the time, not a current funding quote or recommendation.

## Sales collection and supplier records

Credit control follows money owed to the business. Preparing a supplier invoice follows money the business owes to someone else. Keeping that distinction clear helps assign responsibility: the person chasing customers may not be the person reviewing purchase bills.

For the supplier-document side of that work, the [invoice automation guide](https://www.datamolino.com/invoice-automation/) explains collection, capture, coding and export.

Originally published on the Datamolino blog on 18 November 2016.