To ensure timely payments from clients and avoid the frustration of chasing delinquent bills, implementing effective payment strategies is crucial. First, make payments convenient by offering online payment options through secure client portals or billing systems. Additionally, consider making your services more affordable for clients by offering payment options such as bank products that allow payments from income tax returns. Sending reminders is another essential tactic to prompt clients to pay their bills on time. Utilize automated messaging or texting services to send gentle reminders before payment deadlines. Moreover, consider implementing document-locking features that restrict access to tax documents until payments are received to incentivize timely payments. For larger projects, implementing milestone payments can break down the payment process into manageable segments, providing clients with clear checkpoints for payment. By automating billing processes and clearly communicating payment expectations upfront, you can minimize payment delays and avoid misunderstandings.
source: https://proclient.com/how-to-set-up-your-business-to-get-paid-on-time/
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