All the collection procedures used by iPROMOTEu are based on Net 30 terms. You should feel free to choose tighter payment terms for your customer, such as Net 15 or Due Upon Receipt. However, please be aware that the fees which iPROMOTEu imposes, associated with late customer payments, will take effect as specified in your agreement with iPROMOTEu.
Also make sure you are having the discussion with your customer and have an agreement. Just because you provide tighter terms does not mean their company is set up to pay that way. We may follow up earlier than you or your customer would like us to. Some companies, such as hospitals or government agencies, will not pay in 30 days due to their own restrictions.
IMPORTANT: When choosing “Credit Card Terms” please be sure the credit card information is entered in the Customer Billing Profile screen. When the job is invoiced the customer will be charged immediately and a receipt sent to the email address is in the billing field. If you do not want your customer to be charged immediately, choose the Net 30 option. For iPROMOTEu not to attempt collection based on the 30-day terms, you will need to obtain approval from the Vice President of Finance or the Director of Finance.