Unfortunately, I am not in agreement on this issue. My division offers a 3% discount. I am very aware about how important it is to pay ALL our vendors in a timely fashion. If any vendor has had or is currently having problems receiving payment from our company please call me at 937-296-9585 ext 104 or email me at tcollins@abcheck.com. In over 10 years of business there have been very few occassions where we could not pay a vendor. This non payment was due to incorrect or extremely late work. That being said. At no point do I or anyone have to agree to a discount on an invoice. As with most business(retail aside) transactions a discount(usually 2%) is offered if the money is exchanged hands in 10 business days or less. The 3% offer is an offer that does not have to be agreed upon. Unfortunately larger companies have accounting procedures in place and this means most invoices are paid in 30-45days. I completely agree that invoices not paid in this time frame are unacceptable. Most of my clients pay in 45-60 days. Even though some of these invoices become late the fact is I receive a check roughly every 30 days. Not too bad if you research other industries. Once again if anyone is having payment issues I would appreciate a call.
Thanks and have a great day!
Tim Collins
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