Written by Jonnie Hallman
Every freelancer knows that clients aren’t guaranteed to pay on time. Even if you specify “net 15” or “net 30” on your invoice, you might not get paid until net 45, 60, or worse. Wouldn’t it be nice to have a better idea of when your clients will actually pay? Today, I’m excited to introduce projected paydays!
If you’ve invoiced a specific client in the past, Cushion will indicate this client’s actual net when creating the new invoice. This is nothing new to Cushion, but you could only see this insight when creating a new invoice.
Recently, we released a new invoice page in preparation for invoicing. In doing so, we added a schedule graph for individual invoices. On this graph, we took advantage of the data we already calculate for your clients’ pay schedule and included a new date—the projected paid date.
Now, you’ll have a much better sense of when your clients are likely to pay you, based on their past payment history. I’m really excited about this feature because I know exactly when to start following up with the client. However, that shouldn’t be a manual task—maybe some sort of automated system will make its way into Cushion... Stay tuned!