How do you effectively invoice customers so you get paid faster?

The best practices for invoicing is to do it right away, immediately after the sale.   Don’t invoice your customers once a month or every 30 days.  To keep your cash flowing send invoices at the time of the sale.

List your payment terms on the invoice with the due date clearly visible.  Use a larger font, color or bold to highlight the due date, not the date they should mail the payment, the date the payment is due in your office.

List any legal information on the invoice, your terms, what will happen if a payment is late or not received, for example you might charge an interest fee, or revoke credit or even place the account for collection and the customer might be responsible for any collection or court fees if it goes that far.  If these are things you will do if you are not paid, be sure to print them on your invoice.

List payment options, how can your customer pay?  Online, debit or credit cards, check, cash, money order, paypal? Give them options and list them for them.

The easier you make it for your customer to pay you, the better your chances of getting paid and getting paid on time.