Top 5 Invoicing Best practices for Consultants, Contractors and Freelancers

TOP 5 INVOICING BEST PRACTICES FOR CONSULTANTS AND CONTRACTORS Always Ask For Advance Keep The Billing Cycles Shorter Payments It is important to keep the billing cycles shorter to receive payments online on-time. This helps in faster completion of payment cycles and keeps the payments flowing. As a consultant you always want to get timely payments for the services delivered. Have a policy of advance payments for timely delivery and security of payments. Sending Invoices on Time Early Payment Discounts You can incentivize the clients for This ensures that the client does not faster payments by providing early pay up late, while giving an excuse, payment discounts for getting paid quicker. Consultant billing Software that the invoice was not sent on time. This way you can focus more on your provides features like late fee and consulting business and less on interest payments for getting clients to pay extra for paying late. invoicing operations. Use Consultant Billing Software Using contractor invoice software is helpful in getting paid for the hours worked, more accurately. An integrated solution helps in easily converting timesheets into invoices. A single solution where hours can be logged and invoices sent, helps in improving efficiency of the invoicing process. INVOICERA INVOICING SIMPLIFIED www.invoicera.com