By Sigrun WinklerOn Feb 04, 2019 Invoice Templates
If incentivizing early payments is a carrot to encourage prompt payment, charging for late payments would be the stick. By adding late fees to your invoices, you’ll add a sense of urgency to your invoices. However, by doing this, you need to be prepared for vocal feedback from your customers -- especially those with the bad habit of paying late.
Today people demand customization. Whether it’s Netflix recommendations or the emails that flood your inbox. Invoicing is the same. With custom invoices you can create an invoice that matches your brand and industry by being able to insert your logo, change the style, color, and appearance of the header, activity tables, and footer messages. These will help your invoice stand out from all of those other generic invoices and guarantee that your invoice will get results. Another perk of custom invoices is that they can be used as a marketing tool. You can use a customized footer and you can include a personalized message like thanking the client for the opportunity to work with for the last seven years, congratulating them on an industry award, or suggesting additional products or services that you know that they’re in need of.
Once you’ve delivered your side of the agreement, it’s time to send your customers an invoice. Invoicing them as quickly as possible helps to encourage them to pay faster. After all, if you’ve delivered your products on Monday, why wait until Friday to send your customers an invoice? If you’re billing your clients for services rendered, sending invoices upon the completion of a project serves another purpose: it encourages them to pay while the value of your work is still fresh in their minds.
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