We all want our customers to pay on time, so we can pay our own bills -- payroll, equipment vendors, etc. So how do we make that happen?
1) Push Autopay - Get your customers to set up their recurring charges with some method of autopayment, like checking debit (ACH) or credit card. Yes, there’s a cost for this, but it’s almost always worth the tradeoff—never again having that customer on your aging report. ACH is cheaper, as banks charge a modest transaction fee versus a 3-4% fee for credit card charges where the card is not swiped.