Introduction

Whether you're a full-time freelancer or just looking to make some extra cash on the side, being able to send and receive payments from clients around the world is an essential part of your business. While most invoicing platforms are designed for local businesses, these days there are also many global invoicing platforms that can help you expand your reach and take your freelance business to new heights.

The Global Freelancing Economy

You may have heard of the global freelancing economy. It's a growing sector, with more and more people turning to it as a source of income.

The global freelancing economy is comprised of diverse groups: business owners, entrepreneurs, creatives and workers from all over the world who want to work remotely. It's also a new way of doing business where companies can hire contractors without having to commit significant resources or time into managing them--after all, they aren't even in their office!

But what exactly does this mean for freelancers? Well...

Global Invoicing Platforms

Global Invoicing Platforms are used by freelancers and businesses to send and receive invoices, manage payments, get paid in multiple currencies and pay in multiple currencies.

Types of Invoicing Platforms

There are several types of invoicing platforms.

  • Freelance marketplaces: These platforms allow you to connect with potential clients and other freelancers, who can help you find work. They also provide a place where you can list your skills and experience, as well as rate other professionals based on their performance. Examples include Upwork and Freelancer (formerly known as Elance).

  • Job boards: These sites allow businesses to post jobs that need to be done by freelancers or remote workers. Examples include Guru and Indeed

Recurring Invoicing vs. Transaction-Based Invoicing

Invoicing is the most essential part of your business. It's how you get paid, and it's also how your clients can see what they owe you. But there are two types of invoices: recurring and transaction-based. Which one should you use?

Recurring invoicing is best for recurring services (like monthly web hosting), while transaction-based invoices are more appropriate for one-off projects (such as building a website). If your client has been using your service for a while and has an established payment plan in place, then recurring invoices will probably work out well for both parties--but if this is their first time working together or they don't have any kind of contract set up yet, then it might make sense not to send them anything until after everything has been completed successfully!

Payment Processing Options for Global Freelancers

  • PayPal.

  • Stripe.

  • Square.

  • Venmo. This option is especially popular among millennials and Generation Z, but it also works well for freelancers who want to keep their finances separate from their clients' funds, as well as those looking to avoid paying fees while sending money internationally (and vice versa). When you send money through Venmo, the recipient doesn't have access until they pay their own fee--so there's no risk of them spending your funds before receiving them! The app offers an instant transfer feature that allows users to instantly deposit cash into their bank accounts without having to wait on hold or make an international wire transfer through Western Union or MoneyGram

You can choose from a variety of global invoicing platforms to send and receive payments from clients around the world.

You can choose from a variety of global invoicing platforms to send and receive payments from clients around the world.

A global invoicing platform is an online service that allows you to issue invoices, create statements and track your cash flow in real-time. This means you'll be able to see when payments are due, who's paid and which ones have been outstanding for too long.

Conclusion

We hope this article has given you a better understanding of global invoicing platforms. If you're ready to start accepting payments from clients around the world, take a look at our list of top picks for global invoicing platforms and choose one that works best for your business needs.