Question 1

What is Money-First Finance?

Accepted Answer

Money-First Finance is the category RemindLedger operates in: the money moves first and the record follows. It unites three sources that normally live apart - the money you have (live bank balance), the money you owe (payables and payroll from your accounting system) and the money you are going to have (payments the bank already confirmed, with their settlement date). Invoice-On-Payment is the mechanism that enforces that order in billing.

Question 2

What is Invoice-On-Payment?

Accepted Answer

Invoice-On-Payment is a proforma-first billing method pioneered by RemindLedger: the invoice is issued only after the bank confirms the payment cleared. It inverts the traditional accounts receivable flow. Instead of invoicing first and chasing payment later, RemindLedger sends a payment request — a proforma that never touches the ledger — collects the payment, and only then posts the invoice, already paid, with its journal entry. Nothing enters AR until the cash clears, so there are no credit memos to reverse, no bad debt to write off, and no tax owed on revenue that never arrived.

Question 3

How is Invoice-On-Payment different from traditional AR automation?

Accepted Answer

Traditional AR automation sends invoices first and automates the reminder chase. Invoice-On-Payment changes the order of operations: the invoice is withheld until the bank confirms the payment. This means no bad-debt adjustments, no credit memo cleanups, and no uncollectable tax liability on unpaid invoices.

Question 4

When will RemindLedger launch publicly?

Accepted Answer

RemindLedger is currently in private beta with selected US small and midsize businesses. Join the waitlist at remindledger.com for early access.

Send a payment request. Get a paid invoice.

Send a payment request.
Get a paid invoice.