Recently switched to setting specific due dates on invoices instead of vague terms like ‘due upon receipt.’ Seems to be helping with timely payments, but I’m curious if others have tried this approach.
Anyone notice a difference in client behavior or cash flow when using explicit due dates? Wondering if it’s worth sticking with or if there are better strategies out there.
I’ve been using specific due dates for a while now. It’s straightforward and leaves no room for confusion.
I usually give clients 14 days from invoice date. It’s enough time for them to process, but not so long they forget.
I also send a friendly reminder a couple days before it’s due. Most clients appreciate the heads up.
It’s definitely improved my cash flow. Give it a try for a few months and see how it goes.
I just slap ‘Net 30’ on all my invoices. Keeps it simple for me and the customers. Never really thought about specific dates. Maybe I should give it a try.
Yep, switched to specific due dates a couple years back. Made a big difference.
For me, 21 days from invoice date works best. Gives clients enough time, but not so long they forget.
I put the due date in red at the top of the invoice. Can’t miss it.
One thing that really helped - I offer a small discount for early payment. Like 2% if they pay within 10 days. Some clients always take it, which is great for cash flow.
I use a simple spreadsheet to track everything. Each Friday, I check who’s coming due and send a quick reminder.
It took a bit to get used to, but now it’s just part of the routine. Way less stress about when money’s coming in.
If you try it, give it at least 3 months before you decide. Takes time for clients to adjust.
Yeah I just scribble the due date on the invoice
Not fancy but it works for me
Customers seem to get it
Specific due dates have been a game-changer for me. Tried it a few months back and noticed:
I put the due date right at the top of the invoice in big letters. Can’t miss it.
One tip: I give a little wiggle room. If I want payment in 2 weeks, I’ll set the due date for 16-17 days out. Gives clients a small buffer without feeling like they’re being rushed.
Also started sending friendly reminders a few days before the due date. Clients seem to appreciate the heads-up.
Overall, it’s made my cash flow way more predictable. Definitely sticking with it.
Specific due dates work. Been doing it for years. No more guessing games.
Put the date in big, bold letters at the top. Can’t miss it.
I give 'em 14 days usually. Enough time to process, not so long they forget.
Quick reminder email 3 days before it’s due. Just a heads up, nothing pushy.
Stick to your guns on late fees. They’ll learn quick.
Only downside: gotta stay on top of your own books. But that’s just good business anyway.
Give it a shot for a few months. Bet you’ll see the difference in your bank account.