5 Proven Strategies to Get Paid Faster

Cash flow is the lifeblood of any business. Here's how to ensure customers pay on time.

Strategy 1: Send Invoices Immediately

Why It Works

The sooner you invoice, the sooner you get paid.

Implementation

InvoiceFBR Feature

Instant invoice generation and multi-channel delivery.

Strategy 2: Offer Multiple Payment Options

Why It Works

Convenience encourages faster payment.

Payment Methods to Offer

InvoiceFBR Feature

Payment tracking across all methods.

Strategy 3: Provide Early Payment Incentives

Why It Works

Discounts motivate customers to pay quickly.

Examples

Calculation Example

Invoice: PKR 100,000

Early payment discount (2%): PKR 2,000

Net benefit: Improved cash flow worth more than PKR 2,000

Strategy 4: Implement Clear Payment Terms

Why It Works

Clear expectations reduce confusion and delays.

What to Include

Example Terms

"Payment due within 30 days. Late payments subject to 2% monthly interest."

Strategy 5: Follow Up Systematically

Why It Works

Reminders keep your invoice top of mind.

Follow-Up Schedule

InvoiceFBR Feature

Automated payment reminders via email and WhatsApp.

Bonus Tips

1. Build Strong Relationships

2. Screen New Customers

3. Use Technology

4. Consider Factoring

For large B2B invoices:

Real Results

Case Study: Lahore Services Company

Common Mistakes to Avoid

1. Being Too Lenient

Don't let customers take advantage of your flexibility.

2. Inconsistent Follow-Up

Sporadic reminders are ineffective.

3. Poor Invoice Quality

Unclear or unprofessional invoices delay payment.

4. No Payment Terms

Customers will pay when convenient for them, not you.

How InvoiceFBR Helps

Our platform includes:

Action Plan

Week 1

Week 2

Week 3

Ongoing

Conclusion

Getting paid faster isn't about being aggressive—it's about being professional, systematic, and using the right tools.

Ready to improve your cash flow? Start your free InvoiceFBR trial today!