Offering a discount can encourage timely payment, but using an effective system of invoicing and chasing payments is also a good option - sending out reminder invoices and statements on a regular basis, for example.
Using invoicing software automates this type of communication and helps to reliably collect in debt. Remembering to invoice as soon as work is complete is also an important factor, as the work is then fresh in the customer’s mind.
Enabling electronic payment can help in this respect. It makes it easy for customers to pay – an important consideration that’s sometimes overlooked when tackling chronic late payment.