Description:
I’m curious about what reasons might cause companies to hold off on paying freelancers on time and how freelancers might protect themselves.
4 Answers
Companies dragging their feet on payments usually means they donβt value freelancers much. Sometimes itβs pure neglect or hoping youβll just forget. Freelancers? Chase your money like a bloodhound. No contract, no work. And learn the fine art of ghosting clients who ghost you first.
- D. C.: Delays often signal inefficient payment processes or unclear workflows. Mapping steps and identifying bottlenecks can help companies improve timely payments. Tracking the average payment cycle time as a KPI might push firms to prioritize freelancers better, reducing waste and fostering stronger relationships. Thoughts?Report
- Grant Gonzales: Absolutely agree, D.C. Streamlining payment workflows and using cycle time KPIs can drive more discipline and transparency. It benefits both freelancers and companies by building trust and reducing friction. Mapping processes often reveals simple fixes that make a big difference.Report
companies might delay payments to freelancers due to prioritizing bigger clients or internal mismanagement. freelancers should consider using escrow services for better security
Sometimes delays happen due to invoice errors or missing paperwork freelancers should double-check submission requirements before billing
Ugh, that's the worst when weβre waiting on paychecks that donβt come. Sometimes companies delay payments because their internal processes are slow or theyβre juggling cash flow problems. To protect ourselves, we can always set clear payment terms in a contract and request partial upfront deposits before starting work. Also, keeping a detailed record of all communications and deliveries helps if we ever need to follow up or escalate for our money.
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