Reply to: Does your agency pay on time?

[MicrosoftBob]

Usually 6 weeks from signed electronic timesheet to payment, the problem is nudging client manager to sign the timesheet

[TheFaQQer]

Current client pays on the payment terms based on the date I put on my invoice.

So I can put August 1st, send it in on August 20th and they pay on September 1st (30 day terms).

Ain't that sweet?

[Yampy]

It's a breeze with Parity. Paid 2 weeks in arrears. Timesheets are online and need to be authorised by the Wednesday for payment on Thursday. It's self billing so really all very easy and hassle free

[darmstadt]

Contract A via agency, invoice last day of the month, money in bank 7 days later
Contract B direct, invoice whenever I want, normally month end, wire transfer to bank within 2 days
Contract C via agency, invoice last day of the month if I've done anything, money in bank 15 days later

[Andy O]

I invoice monthly on the 1st and get paid usually about the 20th.

[TykeMerc]

Ok, so all of you are getting paid on time more or less.

Does this mean that your clients all pay promptly , or are the agents funding it to pay you on time when your client has not paid them on time?

In the last 5 years apart from the odd day here and there I've never been paid late, before that I can't remember an Agent paying me notably late, in fact the only late payment issues I've had in 20+ years were from direct clients.

I've no idea how promptly the clients pay the Agents, they've never volunteered the info and I've had no reason to ask as it's none of my business.

[SueEllen]

Ok, so all of you are getting paid on time more or less.

Does this mean that your clients all pay promptly , or are the agents funding it to pay you on time when your client has not paid them on time?

The only few I ended up knowing about the agency funded it.

However they wouldn't fund it unless all the paper work was there by their deadlines.

Now some direct clients......

[FiveTimes]

Payment was due today. But it's not hit the bank yet. They are chasing it up

[TheFaQQer]

Ok, so all of you are getting paid on time more or less.

Does this mean that your clients all pay promptly , or are the agents funding it to pay you on time when your client has not paid them on time?

No idea. And I couldn't care less, as long as I get paid.

[GlenW]

Ok, so all of you are getting paid on time more or less.

Does this mean that your clients all pay promptly , or are the agents funding it to pay you on time when your client has not paid them on time?

Don't know, don't care.

[browntractor]

Ok, so all of you are getting paid on time more or less.

Does this mean that your clients all pay promptly , or are the agents funding it to pay you on time when your client has not paid them on time?

[TheFaQQer]

What's your average delay in receiving payment?

0 days.

Apart from one invoice which didn't make it through the scanning process for some reason, which was paid within two days of me highlighting the late payment.

[VectraMan]

If timesheet is with the agent by 0900 Tuesday, payment goes in on Friday.

I think all mine were like that. Only issue I had was at the start of the contract and they didn't pay because the client hadn't returned the contract yet - like that's my problem.

Direct clients on the other hand...

[GlenW]

Never had any delay, always been paid on time.

[sal]

Last couple of gigs spot on time every time. Obviously, as per payment terms of contract.

This ^