It’s quite scary how well it works, because it’s such a simple idea.— Scott Cundill, Majestic3
The Gentle Reminders Club is an online platform that encourages ethical business behaviour when it comes to settling invoices on time, contributing to building a brand’s “reputation capital”.
A business can invite its new clients to join the club.
Upon sending them your invoice, the tool gently reminds them to pay.
It rewards prompt payment by giving the client a good rating.
If they fail to pay on time it will negatively affect their rating.
The Money Show’s Bruce Whitfield interviewed Scott Cundill.
Cundill is the owner of Majestic3, the tech partner behind The Gentle Reminders Club.
For more detail; listen to the interview in the audio below (and/or scroll down for additional quotes from it).
It uses emojis and ratings…— Scott Cundill, Majestic3
We found a simple smiley or angry face caused people to pay.— Scott Cundill, Majestic3
If you do not want to see a red, angry face next to your company’s name…— Scott Cundill, Majestic3
It’s set up to get paid quicker.— Scott Cundill, Majestic3
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
Recommendedby NEWSROOM AI
Income or equity – what is the difference?
Positioning your business for success - what does this phrase even mean?
These business concepts get a thumbs down.
The Money Show’s Bruce Whitfield interviews Nic Haralambous, founder (at the cost of R5000!) of funky sock company Nic Harry.
Pavlo Phitidis (founder of Aurik Business Accelerator) advises on turning your business into an asset of value.
Small business expert Pavlo Phitidis discusses his book "Sweat, Scale, $ell: Build Your Business into an Asset of Value™".
In a statement released on Wednesday night, the minister said the cases had gone up to 1,845.
Consumer journalist Wendy Knowler investigates which companies are meeting their customers’ needs on social media.
Theatres across the world have gone dark, but you can still support and watch the arts while at home
Bruce Whitfield interviews Richard Friedland, CEO at Netcare – owner of the hospital at the epicentre of KZN’s Covid-19 outbreak.
Tiger Brands CEO Noel Doyle assures South Africans that there are sufficient supplies of most of the company's products.
The company says the tests will cost R850 each and it may take 24 to 48 hours to get your results back.
The company is making it available to approximately 430,000 registered healthcare workers on the front-line of the pandemic.
Joanne Joseph speaks to City of Tshwane administrator spokesperson Omogolo Taunyane- Mnguni to find out more.
Deputy Minister Obed Bapela says permits fro cooked food will not be issued as well as furniture shots.
Bruce Whitfield and comedian John Vlismas share a few Covid-19 jokes and discuss the launch of the virtual comedy club.