Invoicing: 5 essential tips to get paid in under 30 days

Late payments weaken your cash flow and slow down your business's growth. Yet a few good practices are often enough to shorten payment times and secure your receipts. Here are 5 practical tips to get paid faster, without creating tension with your customers.

1. Send your invoices without delay

The longer you wait to issue an invoice, the later the payment. Ideally, the invoice should go out as soon as the service has been performed or the delivery made. With a suitable tool such as eKo, you can generate it in a few clicks and send it automatically by e-mail.

2. State your payment terms clearly

Specify your payment terms (for example, "payment on receipt" or "within 15 days"), the accepted payment methods and the penalties for late payment. This information must appear on every invoice. It reminds your customers that a payment term is contractual, not a guideline. In eKo, this is easy to configure. You enter all your payment terms once, and then simply choose the right one when drafting your sales document.

3. Offer online payment

Bank transfer remains the most common payment method, but it is sometimes slower. Offering the option to pay by bank card or SEPA direct debit considerably speeds up the average payment time. You make life easier for your customers and for yourself.

4. Send a reminder before the due date

Do not wait until an invoice is overdue to act. Schedule a reminder a few days before the due date to recall the amount and the payment deadline. It shows that you are organised and attentive.

5. Automate your reminders

Manual reminders take time and end up being forgotten. With eKo, you can set up automatic e-mail reminders following the scenario you define. You save time and reduce unpaid invoices.

Conclusion

With eKo, you create your invoices in seconds, send them instantly and switch on automatic reminders that secure your cash flow.