At SOFI, we received two complaints in two days about the same national field services firm being a couple of months late in paying for inspections. We have REMOVED the firm from our National Field Service Directory.
Our thinking at SOFI is that there are a lot of great field service firms in the industry that pay on time. You do not need to deal with the firms that are slow-pay. At SOFI, we don't deal with the slow-pay firms. We just ignore them
It's a waste of your valuable time to have to climb a wall of low-level vendor managers to find someone at the top of the management structure who has the authority to sign a pay check. And, then you still may not get paid.
When the pay is late, it's time to make a break. Be sure to email [email protected] should you run across some slow-pay or no-pay firms. We know how to take care of them. Don't let a firm's money problems create a money problem for you. When the pay is late, it's time to make a break.
In 1999, three regional firms (CA, NJ, IL) could not break away from a national field services firm in Houston. The total amount owed to the three firms totaled about $900,000. They waited too long to make the break. The owner of this national field services firm closed the firm and he fled to Costa Rica owing everyone. When the pay is late, it's time to make a break. Write that on a sticky note and put it next to your computer monitor.
It never, ever ends...
Posted by: CockyRocky | Wednesday, May 01, 2013 at 02:25 PM
what is average time you should wait to get paid, one company who we do not do much work for said its 45 days after invoiced and then paid on 2nd and 4th fridays,,,so this leaves me waiting on $675. for 2 months....I realize some take awhile but when does it stop.
Posted by: chuck mcdaniel | Friday, March 22, 2013 at 10:24 AM