Becoming a freelancer can give people the freedom they've always wanted. But unfortunately, the risk and hassle of getting paid can cause some to rethink the freelance route.
A client holding out on payment can be stressful, especially for new freelancers who rely on invoices being paid on time. It can be challenging to keep the pressure on a client and balance chasing invoices, finding new opportunities, and doing work. At the same time, you also need to balance being firm and demanding but staying friendly enough to maintain relationships.
According to a survey of freelancers by the Independent Economic Council, 72% struggle to get paid on time, and 16% of these freelancers still aren't being paid after two or more months.
With those numbers in mind, it's clear that freelancers and small businesses need help chasing down unpaid invoices. The question is, how do you know it's time to bring in the experts?
There's so much more to getting paid than many freelancers realize. So it comes as no surprise that 1 in 10 freelancers take no action at all.
But you have options to help you chase invoices. Bringing in someone to help you get paid can keep you from losing out on payment and working for free. So if you've noticed the signs below, it's time to reach out for some help.
We already know the usual tricks; follow-up emails, resending the invoice, checking you're in touch with the right person. You have likely read and used every tip from our freelancer invoicing guide. Unfortunately, there is only so much the basics can do, especially with a stubborn client.
It's almost a freelancing rite of passage (albeit a horrible one) to come up against a client that refuses to pay for the work — remember, this is why we should be asking for deposits and holding off on delivering the finished product; until after payment!
When it comes to these clients, it's far easier to leave your invoice chasing to an external party, like InvoiceRecover.
Time is money, especially when you work for yourself! The time you put into chasing invoices could be better used finding better clients and working on current projects.
If you're spending more time chasing payments than actually working, it's time to let someone else take over.
At InvoiceRecover, we're tired of seeing hard-working freelancers go unpaid. That's why we built an automated collections service for your overdue invoices. We don't stop working until the invoice is paid, so freelancers can save time, reduce stress, and focus on the future. So partner with us, and we can take on the task of collecting your unpaid invoices.
We understand how stressful it can be for freelancers when facing an uphill struggle to get paid. But, we don't believe it's right for clients to hold out on paying you what you deserve, so we try to take the stress away. That's why we wanted to make the process as simple as possible so you can carry on with your life!
Let's take a look at what you need to do to get paid through InvoiceRecover:
Getting started with InvoiceRecover can take just a couple of minutes. First, create an account, and let us know the details of your unpaid invoice and the client you're trying to reach.
That's it. That's all you have to do. We'll take it from there.
Once you're all set up, our fully automated system takes over. InvoiceRecover sends out regular emails, texts, and calls to your client to collect on your behalf.
Some clients may feel like using a freelancer means they can take advantage, delay, or even withhold payments entirely. However, escalating your invoice recovery lets clients know that you're serious about chasing this payment and increases the pressure to pay.
At the same time, we know that maintaining business relationships with even the most awkward of clients can be helpful for freelancers. It leaves the door open for future projects from the client, and it also looks good to other prospective clients if you maintain a healthy relationship. Therefore, we stick to a friendly tone of voice throughout our invoice recovery process rather than the typical cold, aggressive styles usually associated with debt collectors.
We're firm but friendly, so you can increase the pressure on your late-paying clients while maintaining a positive business relationship.
We realize that some clients won't have the time to go through extensive forms and payment processes. So InvoiceRecover has made it as simple as possible for your clients to pay you. For example, your clients can quickly pay overdue invoices with our zero-setup payment form. All they have to do is click the link in our email and input their payment information.
Chasing invoices can take hours upon hours. In the worst cases, it can take more time to chase your invoice than it did to perform the work your client wanted from you! We don't believe that's right. We want to see the freelancing community get paid quickly, so they can focus on growing their brands.
No more throwing in the towel. No more abandoning the chase due to frustration. At InvoiceRecover, we believe you deserve to be paid for your work (what a wild concept), and we don't stop working until we get your money.
To learn more, sign up and try InvoiceRecover for yourself today!