Freelancer Finances: Payments

If you’re a freelancer, you probably know the struggle of finding a payment method that works for both you and your client. As digital as everything is these days, many clients still prefer to pay freelancers via paper checks.
by Bethany Frank

If you’re a freelancer, you probably know the struggle of finding a payment method that works for both you and your client. As digital as everything is these days, many clients still prefer to pay freelancers via paper checks. This method is not only outdated—it’s also inconvenient for all parties involved. Checks themselves cost money, and they also require your client to pay postage costs. For you, checks mean you’ll get your money much slower than you would via electronic payment.

But even when it comes to electronic payments, there aren’t many options that specifically cater to freelancers. Most payment apps available today are meant for non-business transactions, such as lending your friend some money or splitting restaurant bills. For freelancers and their clients, using an app like Venmo isn’t always the best idea. If using a payment app, both parties must remember to manually keep track of those transactions just as they would with a check. If you’re dealing with multiple clients, it can be easy to forget to reconcile everything.

Furthermore, the process of sending clients invoices and then collecting payments is disjointed in itself. You’re likely using one program to generate and send an invoice and getting paid separately, whether it’s through an app or a check.

Namu is a collaborative financial management app that aims to solves these freelancer dilemmas and create a much smoother workflow between you and your clients. With Namu, you can easily generate and send clients an invoice within minutes. The invoice includes a link to enable clients to complete the payment within the same app.

Namu also records every transaction automatically so neither you nor your clients need to worry about manually reconciling invoices to payments. You can also communicate with clients, share calendars, and set payment dates in advance. It’s designed to help you and your clients collaborate and transact with ease. With Namu, you and your clients can enjoy a seamless invoicing and payments experience, enabling everyone to focus on their work and creativity.