Detailed Invoices: How to Get Your Agency Paid 25% Quicker

By Jason Swenk on August 16, 2013

If you aren’t sending your clients detailed invoices, you are opening yourself up to angry and confused clients. Think about it… What do you do when you open mail that you aren’t sure what to do with? You set it aside and decide you’ll deal with it later. Right?

Your clients are doing the same thing! If someone opens and invoice and isn’t sure what it’s for, it will get set aside to be “dealt with” later. But does later ever come?

If your client opens an invoice and asks themselves “what the heck is this $10,000 invoice for?” they’re not going to be in any rush to investigate or pay it.

What happens next is that they put your invoice in the “What the Heck?” pile. This pile will exist until you call and ask about payment.

Once your contact approves your invoice, their accounts payable department needs to go through the proper channels to get it approved, and then they cut a check.

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Why Are Detailed Invoices Important?

This is a pain in the butt and can easily be avoided by making sure that the invoice is well detailed from:

  • Description of service.
  • When the work was performed.
  • Who the work was for.
  • Possible PO number if required.

This is very easy to overlook but also a very easy way to make a difference in how quickly you get paid.

Cut out the “What the Heck?” Pile and get paid 25% quicker simply by adding details to your invoices. It’s that simple.

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Become a Better Digital Agency Owner

Keeping your clients happy with detailed invoices will show them you know what you’re doing and you aren’t messing them around which will encourage them to work even more with you.

Are there other agency problems you are either ignoring or aren’t even aware of that needs your attention? This is where I can come in and provide you support.

In all my years, I have more than likely experienced all if not most of the different struggles you have and can help you from what I have learned. From what to do with your bad agency clients, how to develop agency products and how you can build authority for your agency.

If you want to know how to grow your agency even further, I have agency growth hacks, the best ways to improve management of your business as well as why building a remote team of freelancers can be beneficial in the long run.

As well as this, you can learn more about my career as well as tips, tricks and insights by checking out my blogs that cover a wide variety of topics.

I also hear the experience and advice from other successful agency experts in my Ask Swenk series and more of my videos on my Youtube channel.

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