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Entries tagged with “billing cycles” from For Expert Witnesses: Building Your Business

Getting Paid Faster: Synchronized Invoicing from Round Table Group.

Posted by Toby Edwards on July 6, 2009 2:03 PM |Permalink|TrackBacks (0)

A very common question we get from Expert Witnesses is "How can I get paid faster?" Indeed, right after "What are the expert witness billing rates of my colleagues?" this is the most commonly asked substantive query.

And of course, Round Table Group has some great solutions.

First, keep your clients posted on how many hours you are working. Some clients prefer weekly updates, others like to know more frequently. This can prevent delays due to 'sticker shock' when your invoice is received, causing unnecessary stress and delays while the issue is negotiated.

Second, find out when your client does their invoicing to their client. If you can coordinate your monthly invoicing with their billing cycle, delays of up to 30 days can be eliminated.

At Round Table Group we handle all that for you.

We consult with our clients on invoicing cycles and due dates, and remind our experts when that date is approaching, to ensure your invoice is swiftly processed.