Free tool
Enter three numbers to see the working capital locked in your receivables, what it costs you to carry, and the cash released if you collect 20 days faster. No sign-up, nothing stored — the maths runs in your browser.
Total value you invoice each month.
What your invoices ask for — e.g. 30 days.
How many days past the due date the average customer actually pays.
Days sales outstanding (DSO)
48 days
Terms plus the average delay.
Working capital locked in receivables
$394,520
Cash you have earned but not yet collected.
Annual cost of carrying it
$31,562
At an 8% cost of capital — the interest or overdraft that cash is replacing.
Cash freed if DSO drops 20 days
$164,383
One-off working-capital release from collecting three weeks sooner.
monthly sales ÷ 30.417 × DSO.
Carrying cost = outstanding × 8% opportunity cost of capital.
Cash freed = monthly sales ÷ 30.417 × 20 days. These are planning estimates, not accounting advice — swap the 8% for your own cost of capital if you prefer.
Settl watches every open invoice and sends one calm, perfectly-timed reminder per customer — at 7, 35, 50, 65, 80 and 95 days past due — until the money lands. Firms get paid sooner without writing a single chasing email by hand.
Working in an accounting or bookkeeping firm? Copy the five overdue-invoice reminder email templates to get started by hand.
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