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Billing and payments for consultants and contractors is purely dependent on the nature of the contract that one has with the client. The contract agreement can be milestone based or periodical. One has to send out invoices on the basis of the details mentioned in the contract.
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Contents Introduction Ask For Advance Payments Keep The Billing Cycles Shorter Sending Invoices On Time Early Payment Discounts Go Paperless Use an Integrated Time Tracking and Billing Solution
Choose The Right Tool As a consultant or a contractor, it is important to focus on the core services offering on a continuous basis. But, at the same time, one must also take invoicing clients and receiving on time payments equally seriously. Payments are the lifeline of your business and must be given top priority. Know more about how to send professional invoices and get paid on time. You can also read about time vs project billing from this post and some key essentials of time tracking. Choosing an appropriate consultant online invoicing solution like Invoicera is helpful in getting a host of interesting features and sending out invoices in a timely manner.
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