Freelancer's Guide to Getting Paid On Time
Late payments are one of the biggest challenges freelancers face. According to surveys, 40% of freelancers experience late payments regularly. But it doesn't have to be this way. Here's how to get paid on time, every time.
1. Invoice Immediately
Don't wait to invoice. Send invoices the day you complete work. The faster you invoice, the faster you get paid.
2. Be Clear About Terms
Specify payment terms on every invoice: "Due upon receipt" or "Net 30". Make it crystal clear when payment is expected.
3. Make Payment Easy
Accept multiple payment methods: credit cards, bank transfers, PayPal. The easier you make it to pay, the faster they will.
4. Send Reminders
Send a friendly reminder 3-5 days before payment is due. Most late payments are simply forgotten, not intentional.
5. Follow Up Quickly
If payment is late, follow up immediately. A quick email often gets results. Don't let invoices sit unpaid for weeks.
6. Use Automation
Use invoicing software that automates reminders and payment tracking. This saves time and ensures nothing falls through the cracks.
The Numbers
Freelancers who follow these practices typically see:
- 80% reduction in late payments
- Payment received 3 days faster on average
- Less time spent chasing payments
- Better cash flow and less stress
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815 Nexus includes automated invoicing with payment reminders, online payments, and recurring invoices.
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