Milestone money that does not wait for a reminder
Packaging machinery builder · 3 crore turnover — Getting paid & cash flow
Advances were collected, and then the balance sat uninvoiced until somebody remembered the machine had shipped.
What was going wrong
Long builds meant payment terms spread over months — advance, before dispatch, after commissioning — tracked on a whiteboard.
What changed
Each order carries its own payment schedule. NikERP raises the invoice on the milestone and chases the balance with a payment link.
What it changed day to day
- Balance billing: Raised on the day
- Collection: Weeks earlier
- Whiteboard: Gone
How NikERP helps businesses like this
NikERP.cloud is cloud ERP and CRM software for Indian SMEs: GST invoicing, stock, purchase, accounts, customer follow-ups and reporting in one system, with an industry template to start from.