Collecting payments from clients can sometimes prove to be challenging. About 56% of U.S. small businesses are waiting on unpaid invoices, with the average balance at $17,500. Late payments crush cash flow and slow down growth.

If you’re a small business owner or freelancer, you might be asking yourself:

  • How do I get paid faster by clients?
  • What payment terms should I use: Net 30, Net 15, or Due Upon Receipt?
  • How can I avoid late invoices and improve cash flow?
  • What tools make it easier to collect digital payments instantly?

In this video, learn about some real-world examples and get practical answers, including:

  • How to encourage faster payments with early payment discounts.
  • Why offering multiple ways to pay (ACH, credit card, PayPal, Apple Pay, Venmo) removes friction.
  • How QuickBooks’ pay-enabled invoicing makes payments instant and seamless.
  • How to use automatic reminders to reduce awkward client conversations.
  • When to charge late fees or move to upfront payment terms.
  • How to use Tap to Pay and mobile invoicing to accept contactless payments on the go.