| Pages in topic: < [1 2] | Poll: What % of your invoices are paid on time? Thread poster: ProZ.com Staff
|
|---|
| Italy has implemented this directive into national law | Sep 28, 2006 |
Williamson wrote:
"EU directive says 30 days".
Italy has implemented that directive pro forma, I suppose?
The penalty stipulated in that directive is the interest-rate of the EGB per day overdue + your own penalty.
but yes, it seems it is rather pro forma, unfortunately, like everything here . It happens to see, just like before, payment terms of 60, 90 days or even longer...
I think it is up to us to insist on this - our customers never won't. I personally never agree to such long payment terms (although I know it might be difficult in some cases). My conditions say clearly: payment after 30 days of invoice. And I have stated in my invoices that I will claim interests for delay for payments after 30 days which I am entitled to following the EU directive.
| | | | maryrose 
Local time: 02:03
English
+ ...
| payment times in Italy | Sep 29, 2006 |
Can anyone give me the name of the EU directive, or even better, the Italian law? I am about to give one agency the flick - 120 days (yes, that one, Claire) and then you have to fight, and I am REALLY over it - and would like to be able to quote the law to them.
On the other hand I have a gorgeous direct client who pays even four-figure bills within a week or ten days at most, and an institutional client who pays smack on the 27th of each month. Other agencies are around 60 which... See more Can anyone give me the name of the EU directive, or even better, the Italian law? I am about to give one agency the flick - 120 days (yes, that one, Claire) and then you have to fight, and I am REALLY over it - and would like to be able to quote the law to them.
On the other hand I have a gorgeous direct client who pays even four-figure bills within a week or ten days at most, and an institutional client who pays smack on the 27th of each month. Other agencies are around 60 which I can just about live with.
A recent Australian agency paid 15 minutes later!
So overall I put 40%-60% but this will improve once I lose the 120-day agency.
And to those who don't have Italian agencies as clients and say why do we put up with it - the reason is simply they say "These are our terms, take it or leave it", so we make the choice.
Is this the only industry in which the debtor, not the creditor, dictates terms?? This was a complete jaw-dropper for me when I started getting agency work.
Cheers to all - get those bills out.
maryrose ▲ Collapse
| | | | | | maryrose
Local time: 02:03
English
+ ...
| The european directive | Sep 29, 2006 |
Grazie mille, Sergio!
Ciao, e buon uic
maryrose
| | |
|
|
|
Williamson
United Kingdom
Local time: 16:33
Flemish to English
+ ...
| Figures, not words. | Sep 29, 2006 |
maryrose wrote:
And to those who don't have Italian agencies as clients and say why do we put up with it - the reason is simply they say "These are our terms, take it or leave it", so we make the choice.
Is this the only industry in which the debtor, not the creditor, dictates terms?? This was a complete jaw-dropper for me when I started getting agency work.
maryrose
The problem is that there is always a nitwit out there who takes is. Agencies NEED translators. If everybody says "NO", they cannot take a percentage on our work and hence they can not exist.
And yes, because generally speaking translators are blinded by words, not by figures, they tend to accept the offer only to get sleepless nights over payment.
By the way, "that agency" wouldn't be "TI" from "M"?
Got paid after 136 days by that one. Perhaps I generalize too much, but those "adventures" and rates are the reasons why I do not want to risk working for Italian agencies again.
[Edited at 2006-09-29 09:29]
| | | | Parrot
Spain
Local time: 17:33
Spanish to English
+ ...
| | I'm no nitwit! :) | Sep 29, 2006 |
Williamson wrote:
The problem is that there is always a nitwit out there who takes is. Agencies NEED translators. If everybody says "NO", they cannot take a percentage on our work and hence they can not exist.
And yes, because generally speaking translators are blinded by words, not by figures, they tend to accept the offer only to get sleepless nights over payment.
By the way, "that agency" wouldn't be "TI" from "M"?
Got paid after 136 days by that one. Perhaps I generalize too much, but those "adventures" and rates are the reasons why I do not want to risk working for Italian agencies again.
[Edited at 2006-09-29 09:29]
We're not all nitwits! When you're starting out and it's a large agency that offers a constant flow of work then it's hard to say no.
Down the line with more experience, you realise you could have negotiated better conditions or just walked away. Which is what I hope to do with this agency sooner or later. By the way, it's not "TI" 
| | | | | Might have reached that stage (touch wood) | Sep 29, 2006 |
M. Anna Kańduła wrote:
I have one wonderful client, who pays me at end of each month, no matter if the job was delivered beginning of that month, or just a few days earlier - he just wants to have everything paid and clear before 1st of next month.
I wish everyone clients like that
Anni
I agreed a similar system of payment with an owner of a tiny agency with reasonable turnover (14 days after a monthly invoice, presented on the last day of the month), but he was very irregular - sometimes on time, other times over 2 months late. I kept kindly reminding for months (very nice guy ) until one day I got absolutely crazy and forgot all manners ...
My last invoice was paid ON THE SAME DAY (no terms changed).
Keep fingers crossed for the next one ...
| | |
|
|
|
Wow! Almost 9% answered 0-20%! What????
I am shocked!
| | | | Uldis Liepkalns
Latvia
Local time: 18:33
Member (2003)
English to Latvian
+ ...
| | Pages in topic: < [1 2] | To report site rules violations or get help, contact a site moderator: You can also contact site staff by submitting a support request » Poll: What % of your invoices are paid on time? | CafeTran Espresso | You've never met a CAT tool this clever!
Translate faster & easier, using a sophisticated CAT tool built by a translator / developer.
Accept jobs from clients who use Trados, MemoQ, Wordfast & major CAT tools.
Download and start using CafeTran Espresso -- for free
Buy now! » |
| | 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 » |
|
| | | | X Sign in to your ProZ.com account... | | | | | |
Login to reply/comment 
