Poll: What are the latest payment terms you allow?
Vestluse postitaja: ProZ.com Staff
ProZ.com Staff
ProZ.com Staff
SAIDI PERSONAL
Dec 5, 2018

This forum topic is for the discussion of the poll question "What are the latest payment terms you allow?".

View the poll results »



 
neilmac
neilmac
Hispaania
Local time: 00:43
hispaania - inglise
+ ...
More than 60 days for some Dec 5, 2018

As long as some of my clients pay promptly, I can afford to be flexible with the ones who for one reason or another find it more difficult. For example, last week one long-standing direct (non-agency) client paid me 50% of a bill that I presented to them in September. It's a small company, and obviously if they had the cash available to pay me the whole amount, they would have done so, so I'm not going to make matters worse by pestering them. I know they will stump up when they can., I only real... See more
As long as some of my clients pay promptly, I can afford to be flexible with the ones who for one reason or another find it more difficult. For example, last week one long-standing direct (non-agency) client paid me 50% of a bill that I presented to them in September. It's a small company, and obviously if they had the cash available to pay me the whole amount, they would have done so, so I'm not going to make matters worse by pestering them. I know they will stump up when they can., I only really collaborate with one agency nowadays, and they usually pay within thirty days.

The way I see it, my bills are a request for payment; I can't just wade in there dictating my terms and having a tantrum when delinquent clients fail to comply for whatever reason.
Collapse


 
Agneta Pallinder
Agneta Pallinder  Identity Verified
Suurbritannia
Local time: 23:43
Liige (2014)
rootsi - inglise
+ ...
Other Dec 5, 2018

I replied "other" because it is not really a question of what I "allow". My invoices say "30 days", and virtually all my customers pay on or very shortly after the due date. A couple of lovely agencies frequently pay before the time is up, and one or two rogues have had to be reminded and reminded and reminded.

 
Maria Teresa Borges de Almeida
Maria Teresa Borges de Almeida  Identity Verified
Portugal
Local time: 23:43
Liige (2007)
inglise - portugali
+ ...
Other Dec 5, 2018

My payment terms are 30 days, some very dear long-standing customers (4) pay the day after receiving my invoice, one client pays at 45 days but he always needs to be reminded, another one pays at 60 days like clockwork though…

 
Christine Andersen
Christine Andersen  Identity Verified
Taani
Local time: 00:43
Liige (2003)
taani - inglise
+ ...
As long as it takes, but my terms are 30 days Dec 5, 2018

My terms are 30 days, and I allow a week after that before sending a polite reminder. I have very rarely needed to go further than that.

Jennifer Forbes
Ricardo Suin
Gibril Koroma
 
Mario Freitas
Mario Freitas  Identity Verified
Brasiilia
Local time: 20:43
Liige (2014)
inglise - portugali
+ ...
30 ends up being 60 Dec 5, 2018

My standard maximum term is 30 days. It's actually the standard term for 90% of my clients. However, some clients ask for a single invoice per month. So, the jobs completed in the first week of the month will be paid in 50-60 days, the jobs delivered in the second week will be paid in 40-50 days, and so forth. So, I must consider the average term for that supposedly 30-day term is actually 45 days.

 
Barbara Cochran, MFA
Barbara Cochran, MFA  Identity Verified
Ameerika Ühendriigid
Local time: 19:43
hispaania - inglise
+ ...
Upfront Partial Payment, The Rest Due Upon Delivery Of Manuscript Dec 5, 2018

Since I'm primarily a literary translator.

Otherwise, on the rare occasions that I work for agencies, i.e., the only ones that I will work for, they usually pay me within a week's time, which is one of the reasons I like to accommodate them, in particular.

[Edited at 2018-12-05 23:35 GMT]


 
Muriel Vasconcellos
Muriel Vasconcellos  Identity Verified
Ameerika Ühendriigid
Local time: 16:43
Liige (2003)
hispaania - inglise
+ ...
Other Dec 6, 2018

Most of my clients have preestablished payment schedules. I rarely have a say in the matter.

Rachel Shaw
 


To report site rules violations or get help, contact a site moderator:

Selle foorumi moderaatorid
Jared Tabor[Call to this topic]

You can also contact site staff by submitting a support request »

Poll: What are the latest payment terms you allow?






Anycount & Translation Office 3000
Translation Office 3000

Translation Office 3000 is an advanced accounting tool for freelance translators and small agencies. TO3000 easily and seamlessly integrates with the business life of professional freelance translators.

More info »
Protemos translation business management system
Create your account in minutes, and start working! 3-month trial for agencies, and free for freelancers!

The system lets you keep client/vendor database, with contacts and rates, manage projects and assign jobs to vendors, issue invoices, track payments, store and manage project files, generate business reports on turnover profit per client/manager etc.

More info »