How to get paid on time

The legal deadlines

Between businesses and professionals, the law against late payment sets the default payment deadline at 30 days from the delivery of goods or the provision of the service. The parties can agree to a longer deadline, up to a maximum of 60 days.

If the client is late

You can claim late-payment interest (at a legal rate higher than the market rate) and a minimum compensation for collection costs. For this claim to hold up, it helps to have the accepted quote, the payment terms and the sent invoice in writing.

Habits that help you get paid sooner

• Make the payment deadline clear in both the quote and the invoice.
• Send the invoice as soon as you finish, not at the end of the month.
• Put a payment link or your IBAN somewhere clearly visible.
• Set a reminder and message the client a few days before the due date.
• For long jobs, ask for an upfront payment or invoice in phases.

How Lúcido helps

Lúcido lets you add your own payment link to PDF invoices, shows you in the cash flow forecast when you expect to get paid for each invoice, and alerts you to sent quotes that have gone unanswered for days.