Short advice from a creator advising service providers to store clients' card or bank details and automatically charge them on the contract schedule instead of sending invoices. The goal is to reduce late payments, avoid cash-flow delays, and eliminate time spent chasing clients.
What's going on, guys? Quick little tip for payments. Sorry if I look tired. Just got out of the gym. But if you're having clients who are paying by invoice, instead of having them pay by invoice, put their card or their banking info on file and then just pull the card payment or the bank payment on whatever schedule you had set in your contract with them. So if you're struggling chasing down clients and you're tired of chasing them down for payments or whatever, just put the card payment on file and then just pull the card payment when it comes through, when it's due. That'll pretty much get rid of 90% of your issues when it comes to people not paying on time. Because if they wait a couple of days, you know, people naturally procrastinate. They wait a couple of days and the payment gets delayed. It ties up your cash flow and it's a whole big issue. So instead, just put the card payment on file and then just pull it when you need it.
