Progressive invoicing is a payment and invoicing system designed to improve the cash flow of businesses. It allows customers to pay in instalments over time, while letting businesses stay on top of their accounts receivable and accounts payable. The process is simple: businesses can set up a payment schedule, based on the size of the invoice, customer’s spending capacity or other criteria. Customers can then make payments as they’re able, rather than having to pay for all of the goods or services at once. This system makes it easier for businesses to maintain a healthy cash flow, boost customer retention and satisfaction, and automate the entire invoicing process.