Title: Invoice Collection Tips
1(No Transcript)
2Small business companies know that getting paid
on time is essential on maintaining healthy cash
flow within the organization.
We provide you simple tips for ensuring your
invoices get paid at time.
www.atkku.com
3- Use Polite Language in Invoices
- A business survey states that, adding polite
words such as 'please' (or) 'thank you' to your
invoices increases the chance of being paid by
over 15.
Invoice Customization Prepare the list of
information your customer require to be mentioned
in the invoices where some customers require
Purchase Order (P.O) or Employer Identification
Number (EIN). Thus, initial customization avoids
re-invoicing as a result of incorrect/missing
information.
www.atkku.com
4Reminder Email Penalize Late Payments Instead
of speeding up after payment due, send friendly
reminder emails before the due date. Inform your
clients that late payments after due date results
in tardy settling of about 2 in each month. This
enables your customers to prioritize their
payments on avoidance of late penalties.
- Discount for Early Payments
- Offer an discount about 2 to 5 on making
payments before 14 days for a 30 day invoice.
Also, offering an extra credit and gift
certificates for early payments will strengthen
your customer loyalty.
www.atkku.com
5- Multiple Payment Options for Clients
- Offer multiple payment modes to make client feel
easy on making payments. And be sure on
mentioning the payment method details in the
invoices clearly.
Atkku Services
marketing_at_atkku.com
(855) 273-6161
www.atkku.com
www.atkku.com