Episode 15: Credit Control Craziness - Can MSPs ever get 100% of their clients to pay up-front?
/01:03:57/E15
In this episode, our geeks dive into the following topics:
Payment terms and any particular tactics that work well for MSPs
The geeks shared some of their experiences on how their clients pay their invoices and their terms
Simplifying billing process for customers
How to ensure clients are paying up-front
Handling accounts receivable
Cash before delivery terms
Payment process for clients with large and small projects
Handling extending credit properly
Invoice factoring
And MUCH MORE!
Links and Resources:
Richard's Stuff:
✅ Rent Richards Brain:https://www.youtube.com/redirect?event=video_descriptionandredir_token=QUFFLUhqbG4taUYyWElEMzJsUWU3b3REc0ZCWldwVEJHQXxBQ3Jtc0tsdWZUc28tN3lYWlJYOUNmVUhxNEVtSWpXSnpXbmJONGtfY29OSldWc0hHT0ljeW9QMW40Ry1senZGMmVDQUhyRFhYU2hyYjlpTmE0VFd5UWg1WXdpRW5QRDhmc1gtUnF5dk53b3lKUzR2S0wtLVJtMAandq=https%3A%2F%2Fwww.tubblog.co.uk%2Frrb%2F ( https://www.tubblog.co.uk/rrb/)
✅ Richard's Blog:https://www.youtube.com/redirect?event=video_descriptionandredir_token=QUFFLUhqbDFSLW5hT1hZSE1mZURKd0Q1X3hGMWFPQ0FJZ3xBQ3Jtc0tsNHpUNFZMX0lXeTFvb1R5RW80cnRuZnpHUEdnUlBpYUh6Vk90M2x1UUZINVM0c0xuMXE1R1NFOEM1cFhJdEhWV0FoNE4xdERvLXh6MHc0eVRVNTdBYkRTNTVvc2pHWWRCQlYzeHJNTFFwMFJITE5CZwandq=https%3A%2F%2Fwww.tubblog.co.uk%2Fblog%2F ( https://www.tubblog.co.uk/blog/)
✅ Richard's Podcast:https://www.youtube.com/redirect?event=video_descriptionandredir_token=QUFFLUhqbnZsWnBib2RwQy1YWTUzakN4c3VzOTVWUkpNUXxBQ3Jtc0tsVUN1RVpCS0xxV0V1YUQ0dGZ0Ul9nb0hwYlkyWmhtbDJKd3JVYnJ5QmJxWW5NM2hVM3pmRGV3QnhhMmMteHAxcEliaW5SUXkzNG1XN1ZVenVXNEJtM3VGOERRRHI0aU40c04yQW5wRHVFSk1paUkzWQandq=https%3A%2F%2Fwww.tubblog.co.uk%2Fpodcast%2F ( https://www.tubblog.co.uk/podcast/)
Pete's Stuff:
✅ Coaching and Mentoring:https://www.youtube.com/redirect?event=video_descriptionandredir_token=QUFFLUhqbE50VEhzUE4tVDNfOFhWSk8zMDF0Z1U3ZG05QXxBQ3Jtc0ttWlhEWXhaTlJ6S0xYV1d4RExIWlE2NmQ5TmpxTHNlQnhQUVFjQ2F6aXphc1ZWUzdCX3EyMFNZWXJ1ejJpLUhLY0JOMDFvZGZkOTJ1OXpINkJUbFVWR2o3T2g1Mk4xZ0RxSjBEbzNqLXFsU1psS19Qawandq=https%3A%2F%2Fnotabusinesscoach.com%2F ( https://notabusinesscoach.com/)
✅ Personal Youtube:https://youtube.com/petematheson ( https://youtube.com/petematheson)
✅ Not a Business Coach Youtube:https://www.youtube.com/notabusinesscoach ( https://www.youtube.com/notabusinessc...)
Scott's Stuff:
✅ Cloud Nexus:https://www.youtube.com/redirect?event=video_descriptionandredir_token=QUFFLUhqa0xWS1YwVlNHTERGQ3pydGVqY1ZyRGZQYjFGd3xBQ3Jtc0ttZ3Q0azJpdTdYcXV0SnI4cDJINkszemJETklRbU9HS2M4WmxEM0t6c2lCOTkwYTBnV1lrUXNvWnZSYmY3OVEwcl9wMDgyZFpoWmVVOVY0VGpKaGNTV1FBTWF6NHZhNlp2U3ZuZTc3OGE1enY4R2x3VQandq=https%3A%2F%2Fcloudnexus.co.uk ( https://cloudnexus.co.uk)
✅ Youtube:https://youtube.com/cloudnexus ( https://YouTube.com/cloudnexus)
✅ LinkedIn:https://www.youtube.com/redirect?event=video_descriptionandredir_token=QUFFLUhqbmJaMFNMTzFVM21xRDBKX2lTUnVzb0owTU9OQXxBQ3Jtc0tuRVh5dy1VWm1TYTRWb3phX1g2d0dHcWNCV3RvTk5Sem9LM2phM2xJcVA1TGp1T3d3R3UtcGhrbjJJZS1YRUdfeFhSV3hiOTBETEJ0ZUVJTlRyN3p6eFc4ZlFRLWlxaTdTMjZ4U2tmaVJONVMwVmNWYwandq=https%3A%2F%2FLinkedIn.com%2Fin%2Fscottriley76 ( https://LinkedIn.com/in/scottriley76)
Nigel's Stuff:
✅ The Tech Tribe:https://www.youtube.com/redirect?event=video_descriptionandredir_token=QUFFLUhqbXA2eVgtUWJpRXl6dVkwbzRnbGVKMFRoQ2VNQXxBQ3Jtc0tsOWljcVJvMzdTNVV2TXozUWVMbGQwaDByUi1nTEtiUjJiV05QQmQ0T1dKUVliSnpVYVpCRk4yRFZTVDc0cW14NUx4VHlnUTFEX2NCTmNORFJZOEFFalRUZ1VUUjZTTlZVQ1BGb0V4Z0VCQzUzUi1scwandq=https%3A%2F%2Fthetechtribe.com%2Fgeeks ( https://thetechtribe.com/geeks) (40% First Month Discount)
✅ LinkedIn:https://www.youtube.com/redirect?event=video_descriptionandredir_token=QUFFLUhqbjVJaFhCckI1SEVwN2lFZlNWSTlXZTNkRVozd3xBQ3Jtc0trcWtockpIaE5HUXJFR05vTmpEMFExZktpY3NzWGpiREYzYjlDaG5vWmlzaTNiWGhGQmUxaVhmYndnR1g1TTg2THd6NUM2bV9mRnllWG13VTRKWHBTdTh0S1BWVXBMQzM5a3RqOFN3VnpQOWFoSlZ3MAandq=https%3A%2F%2Fwww.linkedin.com%2Fin%2Fnigelgmoore%2F (...
In this episode, our geeks dive into the following topics:
Payment terms and any particular tactics that work well for MSPs
The geeks shared some of their experiences on how their clients pay their invoices and their terms
Simplifying billing process for customers
How to ensure clients are paying up-front
Handling accounts receivable
Cash before delivery terms
Payment process for clients with large and small projects