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Yeah, we stopped delivering the servers after they didn't pay two invoices over a period of 8 months (€200k+). Which was part of the contract with them that we
by wdb 5y ago
Yeah, we stopped delivering the servers after they didn't pay two invoices over a period of 8 months (€200k+). Which was part of the contract with them that we could if they didn't pay. The quickly paid once they couldn't deliver our service to one of their Fortune 100 customers. Paid all the fees, got payment in advance.
These companies only pay when themselves get in trouble with their own customers
- ColinWright 5y agoYes, when they have what they want they can't find the money to pay outstanding invoices. When they need something more, then the money becomes available. The only recourses are to require payment in advance, or to pursue them through the courts. Risk assessment and Game Theoretic analysis are required when dealing with new business and large companies.