You’re the strategist, the marketer, and the customer service rep. When it comes to getting paid, you’re the accountant, too.  That’s why continuous improvement isn’t just about growing your core skills. It’s about building solid systems in every area of your business—payments included.  In this article, we’ll explain invoice vs. receipt and their differences.  Then,…

Every business invoice you create should have the following elements:  Once you set up these basic elements, make sure your invoice is presented in a pleasing and professional format. If you use an online invoicing solution like PaySimple, you can make use of pre-built templates to make a great impression! How PaySimple can help with…

Anytime money exchanges hands, it’s critical that there is a clear understanding between both parties. The last thing you want in a payment transaction is a misunderstanding.   That’s where payment clauses come in. You can think of these terms as rules that tell your customer when and how to pay.  For small businesses, these rules…

Perfect your invoices and quotes, and you’ll start getting paid faster. That’s a huge win—especially in a climate where almost 30% of small businesses are uncomfortable with their cash flow.  Our top tip: Make sure your documents are clear and complete. Don’t miss any of the important details.  Items to Include in a Price Quote  A comprehensive…

Getting paid is more than important. It’s a critical part of running a business.  No payments from customers means no growth. It means no investing in your skills or buying equipment that’ll help you compete.  Rocky, unpredictable payments can make your business unfeasible. You could end up having to close shop. But get payments right, and…

A recent Harvard Business Review article suggests that the best use of AI is to support human intelligence, not replace it, using smart processes that play to the strengths of both human and machine. That vision is already playing out in the world of digital payments and payment providers. By carefully structuring the accounts payable (AP) process, humans are partnering…

When businesses talk about building relationships, the main focus tends to be on customer interactions. But your relationships with vendors are just as meaningful. Strong vendor relationships can lead to new opportunities, help you gain personalized support, and prevent common payment issues. They also help create a positive business reputation throughout your industry, positioning your…

The cycle of business involves generating demand, making a sale, and getting paid. This constant pattern is what generates revenue and keeps businesses afloat. But what’s lost in this oversimplification is taking the time to understand what’s happening at every stage and how it’s impacting performance. Every completed or failed transaction is an opportunity to…

Are you working as a freelancer? Whether you’re a writer or a web designer, you’ve likely put a lot of time and energy into your freelance business.  For some, it’s a side hustle, a way to get some extra cash to supplement their day job. For others, a freelance business is a way to build…