Here are our 3 tips for getting your invoices paid on time:
Use time-tracking software: You want to be sure you’re billing your customer for all the work completed within a billing cycle. Using a time-tracking software, or even just a spreadsheet, will be very helpful in this regard. Remember, you want to show your customers respect.
Automatic billing: As part of your onboarding process, add a client into your online billing system. If you select the correct one, the system will send invoices automatically and allow customers to pay online, through the invoice. Most online billing systems will automatically follow-up after the due date, insuring the customer won’t forget to pay you. With this system, you don’t have to spend hours following up with clients and carefully wording emails, it’s all automated.
If you’re getting your invoices paid on time and are still feeling stressed about cash flow, it may be time to bring in a bookkeeper. We have plans for every business, get in touch today!