As a creator, doing the work is often the easy part. Getting paid? Well, that’s an entirely different subject. And where it gets hard.
Creating endless invoices, tracking everything in spreadsheets, sending payment reminders to clients, and paying fees just to get your money – it’s exhausting. When you have to operate in every role within your company, things are inevitably going to slip through the cracks.
The days of forgotten invoices and missed or late payments are over. There’s an answer to all of the problems you face – consolidation into one easy payment solution – and Lumanu can help.
Let’s break it down and improve the way you work and get paid.
Here are some tips to make it happen:
Automate invoice creation and tracking
Designing and customizing an invoice doesn’t have to be an item on your to-do list. With Lumanu, you don’t need a template. All you have to do is enter the name and email address of the client along with the itemized deliverables. It will auto-generate a clean, clear invoice sent straight to their inbox.
Even better? Stop logging details in spreadsheets and sending endless follow-up emails. Lumanu’s invoicing solution has built-in tracking and status updates, with automatic reminders within the app dashboard.
And if you DO find yourself in a situation where the payment is late or missing, just send us an email and we’ll put a customer service rep (yes, an actual human!) on the case to help you get your money.
Stop waiting for money
So, hear us out. You hustle to deliver work on a tight timeline. Then you can’t get paid for months because of a company’s net-60 or net-90 policy. It’s a common freelance struggle. But it doesn’t have to be the industry standard.
Always be sure to work out 50% upfront payment into the contracts. Most experienced freelancers always take this step when working with a brand. If the brand is squeamish, that might be a sign they aren’t a client you want to work with! But most of the time, brands simply can’t offer those terms because of bureaucratic red tape and accounting departments.
That’s why we built Lumanu EarlyPay – so creators can cash out on invoices when they want to, not when the brand wants to. When you invoice through Lumanu and choose to use EarlyPay, for a small fee, Lumanu will send the money to your bank account in minutes. You don’t have to worry about anything else from that point forward, the money is yours, and we will collect it directly from the brand partner at the end of the payment terms!
Free yourself of processing fees
Paying to get paid… freelancers’ tale as old as time. Evading fees by using a Friends and Family option can also be costly in the long run. After all, it can cause you to lose your account access. And many payment solutions charge over 3% just to get that hard-earned money into your account.
Receiving payments through Lumanu is the easy solution. It’s the only solution built specifically for creators, and we charge no fees on either side of the transaction. Invoice, collect, and get your payment directly in your account for free, and without any transfer steps.
End the stress of account security
You shouldn’t have to hand over your SSN and banking information to a random account coordinator just because you’re a freelancer. This is precisely why many brands choose to use PayPal or other payment processors, to avoid this issue. But then you’re back to the problem of getting penalized with frozen or suspended accounts when trying to use the Friends and Family option to evade fees.
Opt to use payment processors that are integrated with Plaid – that way, your information is encrypted and the brand never sees your actual banking information. Lumanu is integrated this way, so you can securely link your bank and accept payment without worry.
If you’ve gotten this far, you’re well aware that Lumanu is the answer to your payment problems. And if you’re itching to try it out, we’ve got you covered. Use the access code COLLECTIVE or this link.
TLDR: Lumanu offers…
- Dashboard with automated invoice creation, tracking, and reminders
- Automated payment reminder emails and collections assistance
- Immediate cash out options so you no longer have to wait for a payment
- Fee-free transactions
- Securely integrated system to avoid the stress that comes with getting paid
Lumanu builds technology that makes doing business in the creator economy easy, collaborative, and fun. With Lumanu, creators and freelancers can send and receive payment instantly, manage, protect, and grow their business, and benefit from a community that’s built to support them at every step of their journey. By helping them manage operations, Lumanu empowers creators to live life on their own terms.
Social Media Manager at Lumanu