gogary.co.nz

← All guides

Invoice recovery vs debt collection: which do you need?

The two get muddled, but they sit at different points on the same timeline. Recovery is getting an overdue invoice paid while the customer is still yours. Debt collection is handing it to an agency once recovery has failed. Almost every unpaid invoice should be recovered, not collected — and the difference is money and goodwill.

The short version

Invoice recoveryDebt collection
WhenEarly — days or weeks past dueLate — after recovery has failed
Who does itYou, or a follow-up service like GaryA debt collection agency
CostYour time, or a flat feeA cut of the debt, often 5–20%
ToneA polite check-inFormal demand
The relationshipKeptUsually ended

What "recovery" really means

Most overdue invoices aren't refusals. They're the invoice that went to the wrong inbox, the one waiting on a query nobody raised, or the honest "I'll pay Friday" that never got a nudge. Recovery is the follow-up that sorts these: a reminder email, and — where email has stopped working — a phone call. It costs you nothing but time, and it keeps the customer. This is the step Gary automates: it rings the customer, finds out which reason you're dealing with, and gets a payment date.

What debt collection means

A debt collection agency takes over the invoice, chases it formally, and keeps a cut of whatever it recovers. It needs no up-front work from you, which is the appeal. But it costs you the margin on the invoice and, almost always, the customer — you don't send someone you want to keep to a collector. Save it for the customers who've stopped talking.

When to use which

Why recovery protects your cashflow

Recovery gets the invoice paid sooner and in full. Collection gets it paid later and minus the cut. The gap between sending an invoice and being paid is the biggest drain on small-business cashflow, so recovering faster does more for your bank balance than collecting harder. See improving cashflow by getting invoices paid faster.

This guide is general information, not legal advice.

Common questions

Is invoice recovery the same as debt collection?

No. Recovery is getting an overdue invoice paid while the customer is still yours, usually by a reminder and a call. Debt collection is handing the invoice to an agency once recovery has failed — they keep a cut and the relationship usually ends.

Does a recovery service cost as much as a collection agency?

No. A collection agency keeps a cut of the debt, often 5–20%. A recovery service like Gary charges a flat fee, and only when the invoice is paid — so you keep the margin on the invoice.

When should I use a debt collection agency?

Last. Once reminders, a call, and a final notice have all failed, and the sum is large enough to justify losing a cut of it. For smaller invoices, the Disputes Tribunal is cheaper.

Let Gary make the calls

Gary connects to Xero, rings your overdue customers in a friendly voice during business hours, and tells you what it found. Setup takes about five minutes.

Get started