9 Reactions

  1. Martin Lindeskog

    What would you say about different approaches to paying vendor invoices in different countries? Back in the day, an Italian customer often paid an invoice after 90 days. That was 60+ days later than the regular practice of paying pay 30 days net.

    • Prabhath Sirisena

      @Martin, the payment schedule can vary on many factors, including what is common in each culture. The best way to avoid unpleasant surprises and frustration would be to discuss it at the very beginning and putting it down in the contract itself.

      AFAIK, in most parts of Europe, including Italy, it’s not common to go beyond 30-days net.

  2. A very good invoicing tool that we use, as well as our business clients, is Freshbooks. It is easy to use and helps keep track of your cash flow. They also have a free offer: http://bit.ly/15Lujl2

  3. Aira Bongco

    Back then, I don’t even use software. I am okay with just a form that I fill up everytime I need to invoice my clients. But then, I saw that softwares can let you store data and manage all the tasks that you have finished.

  4. Online invoicing software solves many problems of small businesses, startups and freelancers problems helps them to get paid faster.

    Invoiceberry’s aim is to to make invoicing experience as pleasant as possible by offering very simple to use software. Check Invoiceberry now: http://www.invoiceberry.com/

  5. Invoicing appearance and process is very important. It’s also important for the business owner to set the policy, make sure employees understand and follow the policy. Even a great invoicing process fails if the client contract or agreement does not address payment issues. Here are some basic tips for client contracts:
    Contracts must be in writing
    Avoid legalese—use plain language
    Keep it simple and concise
    Ensure all responsible persons are completely and accurately listed on the agreement
    Incorporate your payment policy
    Outline your responsibilities to your customer—and your customer’s responsibilities to you
    Address how disputes will be handled
    Clearly state remedies for non-payment
    Make sure everyone signs the contract (seems basic but often overlooked)
    Check law applicable to your business to ensure your contract complies with specific requirements

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