Beta version

News

Late payment of invoices

By Linda French
Late payment of invoices

We have found that certain advertising agencies are almost completely ignoring our 30 day payment terms.
My book keeper & I spent the majority of December chasing late payment, absolute stressful waste of our time.
Looking through emails on PMA Forum there seems to be a large number of production companies / ad agencies who are late payers and generally ignoring agents invoice terms. It has just struck me that PMA Members could/should have standard terms on PMA Members invoices to companies.
Is this a practical idea? What do other members think ??
Kind Regards
Linda
APM Associates