You might just improve on your already good results in human engineering and
schedule and email reminder at 28 days.  That, along with knowing the person
who pays your bills by name and having a friendly phone relationship with
them, is probably worth more than iron clad contracts and lawyers to enforce
the penalty clauses.

On Mon, Aug 8, 2011 at 10:31 PM, Mike Rawlins
<[email protected]>wrote:

> The other option is to offer an early payment discount, assuming that
> you can tolerate it with the rate you've established with them. In
> either case, there's a challenge what to do when they don't actually pay
> early and claim the discount, or they pay late and don't include the
> penalty. I suppose you can always bill them the next month.
>
> -----------------------------------------
> Michael C. Rawlins, Senior Software Engineer, GXS
> Sent from personal account
>
>
> On 8/8/2011 1:24 PM, Rich Silva wrote:
> >
> > I have a client that needs to be prodded to send me payments… Oh, they do
> > pay… they don’t argue, but I always have to remind them at “Net 30” plus
> > one…
> >
> > My contract with them is about to be “re-upped” and I wanted to
> > include some
> > “late payment penalty” verbiage into the contract…
> >
> > Anyone want to toss out a sample of what they are using? I’m not
> > looking for
> > anything crazy, just enough of a reminder in their face that they do know
> > there are consequences to paying late…
> >
> > Rich
> >
> > Description: Wizard Clip Art SigRichard Silva
> >
> > Silva Software Services – United States
> >
> > Phone: (310) 387-8364
> >
> > Email: <mailto:[email protected] <mailto:RichSilv%40Pacbell.net>>
> > [email protected] <mailto:RichSilv%40Pacbell.net>
> >
> > ü Please consider the environment before printing this email.
> >
> > [Non-text portions of this message have been removed]
> >
> >
>
>
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>


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