Product · Lekha

Following a receivable from purchase order to payment

A receivable rarely disappears in one dramatic moment. It slips a step at a time — a PO that was never invoiced, an invoice never followed up — until it is simply old. Lekha follows the receivable down the whole chain, so a slip does not become a loss.

Where receivables go to die

Between the day a buyer sends a purchase order and the day the money actually lands, a receivable passes through several hands and several documents. Purchase order, dispatch, invoice, acknowledgement, due date, payment. Each handoff is a place the trail can go cold.

The bills that get paid late are rarely the ones anyone decided to ignore. They are the ones that fell into a gap — invoiced but never chased, delivered but never invoiced, agreed but never written down. Nobody chose to lose the money; the process simply had nowhere to keep looking.

Following the chain

Lekha follows a receivable down the purchase-order-to-payment chain rather than treating it as a single line that is either paid or not. The bill has a history — where it started, where it is now, how long it has been sitting — and that history is what lets you act before it ages past help.

This is the difference between a list and a chain. A list tells you a buyer owes you money. A chain tells you where in the journey the money got stuck, which is the only thing that tells you what to do next — send the invoice, confirm the acknowledgement, or make the call.

The clock that runs alongside

As each receivable moves, Lekha ages it against a 45-day MSME clock, flagging the ones that have gone overdue. The chain tells you where the bill is; the clock tells you how urgent it has become. Together they turn a vague sense that some buyers are slow into a specific, chaseable list.

None of this replaces the judgement of running the business — which buyer to press, which to give room. Lekha records and tracks; the decisions stay yours. What it removes is the excuse that you did not know a bill was slipping, because now something is watching the whole chain.

Questions

People also ask

    What does it mean to track a receivable down the PO-to-payment chain?

    It means following the bill through each step — purchase order, invoice, acknowledgement, due date, payment — rather than treating it as paid-or-not, so you can see where it is stuck and act before it ages.

    Does Lekha chase buyers for me?

    No. Lekha records and tracks each receivable and flags the overdue ones against the 45-day clock; the decision of which buyer to press, and how, stays with you.