Many web developers work as freelancers, giving them the ability to work when they want and on projects they prefer. All of them have two things in common. First, online payments are simple, fast, reliable and interesting, so most web developers choose this method. Secondly, all of them must send invoices, which is a time-consuming process. The situation is even worse if there are errors, mistakes, and similar issues.
The main point is that online invoicing is the best and the fastest way to get paid and to successfully complete a project. In simple words, online invoicing is extremely important for all web developers, and for all freelancers in general!
Online invoicing policies
The real power of online invoicing is in the policies. They are designed to protect your work and to make sure you get paid, but they are also something you can create by yourself. By doing this, you will be able to:
- Specify which payment methods you prefer.
- The time of each payment.
- How long you can wait for a payment.
- Penalties for clients who don’t obey your policies.
In a matter of fact, there are a lot of additional possibilities you can use from policies. With advanced ones, you can make online invoicing even better and safer, which will make your business reflect these advantages.
Indication of all your services and costs
Now we know how much this type of payment is important, but there is one thing that makes it an even more important. As the title suggests, it is related to the cost of your services, to both of them. In general, online invoicing allows you to create a complete list of all your services and accurate costs of each one. When you send the invoice to a client, he will be able to see the exact amount and the number of services you have provided. This reduces and in most cases eliminates the potential issues with the total price. Also, this is the best way to protect your work!
The mentioned advantage allows you to send an invoice where a client can pay a partial amount. It is a protection that guarantees you that you will at least get some amount of money for your project. Make sure you specify is a payment for the entire project, or for a part of it!
A variety of payment methods
All professional web developers know that there isn’t a single payment method all clients use. PayPal is the most common, but it isn’t the only one. This makes difficult completing a project if yours and clients’ payment methods aren’t compatible. For example, if you use PayPal and a client uses Skrill, a payment cannot be made.
Online invoicing helps you work with clients which have different payment methods. This is still the best and according to the statistics, the most popular way to get paid. If we add the fact that almost 60% of clients will have non-compatible payment methods, online invoicing is the only way to get those 60 % of clients cooperate with you.