Effective Invoice Late Payment Fee Wording for Enterprises that Drive Results

Invoice late payment fee wording for enterprises

the Miriam Webster defines an overdue payment as a payment that is overdue but at the end of the day it's money that the client hasn't got to you yet I always like to give my clients the benefit of the doubt and I believe that you're busy your clients are busy everybody's got a life they've got a job overdue payments can hurt a lot of businesses especially in the beginning when you're not used to the income regularly coming in so if you have a lot of overdue payments you're basically not getting paid for any work or materials that you yourself had out of pocket for getting a handle on those overdue payments is is really big and key especially at the beginning when you don't have that income so payment reminders we can typically send them through jobber they will get reminded on an invoice that was passed you and it's it's basically like a polite professional way to remind them hey you have a bill due can you please you know submit payment or if there's any concerns you know call us the invoices that we send are net three which means they have three days to pay and so they get they get the email mail and the text immediately hey this is do please pay and then if they don't they get a reminder the next day by text hey this isn't this is overdue please pay and then if they haven't paid within three days then we're on the phone we're calling them we're we're staying on top of them what should be included in a payment reminder message for one I mean obviously you got to remind them of the invoice that they owe you for so include all of it you know include the invoice number the data service the amount owed when it was due and and be polite please thank you just be nice and be polite when you're handling an overdue payment again you don't know what's going on in that person's life it's always best to be straight to the point when it comes down to sending out your payment reminders because you don't want the customer to misinterpret what it is you're saying straight to business straight to the point so I think it's it's important to understand that it can happen sometimes but you want to avoid it as much as possible I think it's important to just keep it professional keep it clean short and sweet eat and just let them know hey this is probably an oversight but we would appreciate your prompt payment as soon as possible [Music]