Getting paid on time is critical for small businesses, and if a client pays late, it can take a lot of time and effort to chase payment. Here are three things you can do right now in FreeAgent to make it easier for your clients to pay you, and if they
still don’t pay on time, easier for you to chase for the money they owe you.
To help your clients pay you faster, you should remove as many barriers to the payment process as possible. With FreeAgent, you can set up and include online payment options like PayPal, GoCardless and Stripe on your invoices to allow your customers to pay you directly from their invoice email, rather than having to write a cheque or set up a bank transfer. No fuss required!
If your customer doesn’t pay you on time, what next? Do you immediately pick up the phone, contemplate taking legal action, or do you prefer to just wait a bit longer in the hope they’ll eventually pay so you can avoid an
awkward conversation? FreeAgent can automate away some of the awkwardness - you can set up automatic reminder emails that will chase your customers for overdue payments.
Need more help with your invoicing? Check out our Chief Accountant Emily’s
top invoicing tips - or hit us up on
Twitter and let us know how you encourage your customers to pay you.